||About the Author||Peter King is Reader in Social Thought in the Centre for Comparative Housing Research at De Montfort University, Leicester. The second edition of his book Understanding Housing Finance was published by Routledge in 20
Housing bubbles burst, creating economic misery for millions. Over the past thirty years, the culture of property ownership has become so ingrained that policy makers, bankers and households have taken for granted that housing is a good investment and forgotten about the bust. Explaining how the current crisis in housing markets has arisen, this topical and sharp analysis considers the causes of house price bubbles and the reason for the collapse in markets worldwide. W...
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