Boom Bust: House Prices, Banking and the Depression of 2010

Boom Bust: House Prices, Banking and the Depression of 2010
ISBN-10
085683243X
ISBN-13
9780856832437
Category
Business cycles
Language
English
Published
2005
Publisher
Shepheard-Walwyn Publishers
Authors
Roger Ellis, Fred Harrison

Description

The volatility of the housing market is confronted and explained in this exploration of real estate’s ever-growing prices. Though widely recognized by the government, the media, developers, and homeowners, the market’s instability is not generally understood. In addition to offering an explanation for the state of the market, the author proposes a model of tax reform that would allow land prices, and therefore housing prices, to fall back to affordable levels while avoiding a slump in the economy.

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