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

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

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SKU: SONG085683243X
Brand: Brand: Shepheard-Walwyn
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Review "For anyone seeking to understand the vagaries of the housing market, this is a fascinating read." Sunday Telegraph"There are some fascinating insights into cycles, property and rents." John Calverley, chief economist, American Express Bank"The essence of its argument is that the majority of current property prices reflect land value rather than building costs." Professional Investor"Harrison's book is a formidable challenge to the apologists of the status quo." American Journal of Economics and Sociology"Fascinating insights into cycles, property and rents." Institute of Economic Affairs"[Harrison] does make a case for the existence of an 18year business cycle, which he links to speculation in the property market." Financial Times"As the frantic property market of last spring slumps into its current nervous state with falling prices, is it by chance that this crystal ballgazingso farseems to be uncannily accurate, or does Harrison really know something we don't?" The Mail on Sunday"Harrison never wavered from his prediction that the housing boom would end in a spell of mania in 2007, followed by bust in 2008." The Independent Product Description The volatility of the housing market is confronted and explained in this exploration of real estates evergrowing prices. Though widely recognized by the government, the media, developers, and homeowners, the markets 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. About the Author Fred Harrison is the executive director for the Land Research Trust in London. He left a career in investigative journalism to work as an economic consultant and has recently turned his attention to the failure of economic analysis and public policies in market economies.

⚠️ WARNING (California Proposition 65):

This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.

For more information, please visit www.P65Warnings.ca.gov.

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