Rethinking the Economics of Land and Housing

Name: Rethinking the Economics of Land and Housing
Brand: Allen & Unwin
SKU: 9781350374270
Price: 38.99 NZD
Availability: InStock

By Laurie Macfarlane and Josh Ryan-Collins and Toby Lloyd

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4.29

( 317 ratings, 33 reviews)

Summary

Rethinking the Economics of Land and Housing explores why house prices in many advanced economies soar beyond incomes and examines the often overlooked significance of land and location in economics. The authors uncover how critical issues such as housing crises, financial instability, and inequality are deeply connected to the land economy. They argue that modern economic theory and housing policy have neglected land's unique role, and advocate for a fundamental reassessment by politicians and economists to address these urgent challenges.
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Format: Paperback / softback

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Rethinking the Economics of Land and Housing

$38⁹⁹

Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

Ideal for students and scholars of economics and public policy, housing professionals, policymakers, and anyone interested in understanding the economic and social dynamics behind housing markets and land use.

Description

Why are house prices in many advanced economies rising faster than incomes? Why isn’t land and location taught or seen as important in modern economics? What is the relationship between the financial system and 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.

Looking at the ways in which discussions of land have been routinely excluded from both housing policy and economic theory, the authors show that in order to tackle these increasingly pressing issues a major rethink by both politicians and economists is required.

Rethinking the Economics of Land and Housing is essential reading for anyone seeking to understand the complex dynamics at play in modern housing and economic landscapes.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

A highly regarded analysis praised for its powerful critique of UK land and housing policies and for proposing ambitious, credible alternatives. Recognised by LSE Review of Books and cited among Bloomberg and Financial Times must-reads, it offers lucid explanations of Britain's dysfunctional housing market. Experts like Adair Turner commend the book's clarity in revealing how ignoring land's special character leads to rising debt, inequality, and financial crisis. It is considered extremely useful and an essential read for understanding the economic forces shaping housing today.

Book Details

INFORMATION

ISBN: 9781350374270

Publisher: Bloomsbury Publishing PLC

Format: Paperback / softback

Date Published: 24 November 2022

Country: United Kingdom

Imprint: Bloomsbury Academic

Illustration: 23 bw illus, 4 bw tables

Contributors:

Foreword by John Muellbauer

Audience: Tertiary education

DIMENSIONS

Spine width: 16.0mm

Width: 134.0mm

Height: 212.0mm

Weight: 340g

Pages: 280

Collections

Business & Entrepreneurship Education & Reference Finance & Investment Josh Ryan-Collins Laurie Macfarlane Non-Fiction Toby Lloyd

About the Author

Dr Josh Ryan-Collins is senior economist at the New Economics Foundation, where he has been based since 2006. He leads a research programme at NEF focusing on monetary and financial reform and the economics of land and housing and has published widely across these areas. Josh is the lead author of Where Does Money Come From?, a comprehensive guide to the workings of the modern monetary system, which is used as a textbook to teach banking and finance courses at universities in the UK and United States. He has a PhD in economics from the University of Southampton and is visiting research fellow at Southampton Business School and City University’s Political Economy Research Centre in London.

Toby Lloyd is head of housing development at Shelter, the UK’s largest housing charity, where he was previously head of policy. He has worked on housing issues across the public, private and voluntary sectors for over twelve years, advising ministers, mayors, businesses and communities. His proposal for a new Garden City won the runner-up award in the Wolfson Economics Prize 2014.

Laurie Macfarlane is an economist at the New Economics Foundation, working on land and financial reform issues. He was previously head of economic analysis at the Water Industry Commission for Scotland and also spent one year working in the markets and economics division at Ofwat. Laurie has written on land and housing reform for the progressive Scottish think tank Common Weal. He has a first class degree in economics from the University of Strathclyde.

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