ENGLISH

Whose Housing Crisis?: Assets and Homes in a Changing Economy

By Nick Gallent

Book information

Publisher
Policy Press
Year
2019
ISBN
9781447346067
DOI
10.56687/9781447346067
Language
english
Format
PDF
Filesize
18 MB (19274056 bytes)
Pages
192\190
Library
degruyter.com
Time added
2023-08-21 10:11:47

Description

At the root of the housing crisis is the problematic relationship that individuals and economies share with residential property. Housing’s social purpose, as home, is too often relegated behind its economic function, as asset, able to offer a hedge against weakening pensions or source of investment and equity release for individuals, or guarantee rising public revenues, sustain consumer confidence and provide evidence of ‘growth’ for economies. The refunctioning of housing in the twentieth century is a cause of great social inequality, as housing becomes a place to park and extract wealth and as governments do all they can to keep house prices on an upward track.

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