Rethinking the Economics of Land and Housing
Author | : | |
Rating | : | 4.45 (825 Votes) |
Asin | : | 1786991195 |
Format Type | : | paperback |
Number of Pages | : | 288 Pages |
Publish Date | : | 2015-05-22 |
Language | : | English |
DESCRIPTION:
Josh Ryan-Collins is senior economist at the New Economics Foundation, as well as a visiting research fellow at the University of Southampton Business School. LaurieMacfarlane is an economist at the New Economics Foundation. TobyLloyd is head of housing development at Shelter, a charity that campaigns to end homelessness in the UK.
Why are house prices in many advanced economies rising faster than incomes? What is the relationship between the financial system and the price of land? In this accessible but provocative guide to the economics of land and housing, the authors reveal how many of the key challenges facing modern economies, including housing crises, financial instability, and growing inequalities, are intimately tied to the land economy. . This is the first comprehensive guide to the role of land in the economy, making this an essential reference for students, scholars, policymakers, activists, and NGOs working on land issues. Looking at the ways in which discussions of land have been routinely excluded from both housing policy and economic theory, Rethinking the Economics of Land and Housing argues that in order to tackle these increasingly pressing issues a major re-thinking by both politicians and economists is required
It proposes a wide range of solutions which policymakers should consider.'Kate Barker, author of the Barker Review of UK Housing Supply`A comprehensive survey of the role of land in the economy and its neglect in economics, as well as a profile of how ownership of this essential requirement for life has become unattainable for the majority of young Britons, thanks to the march of finance and the compliance of Parliament.'Steve Keen, author of Debunking Economics`Land policy is the missing issue in any discussion on planning, development and the property market. By contrast, this important book analyses the subject with excellent clarity. Read it and you wi