PERHAPS A GIFT VOUCHER FOR MUM?: MOTHER'S DAY

Close Notification

Your cart does not contain any items

Why Can`t You Afford a Home?

J Ryan-Collins

$82.95

Hardback

Not in-store but you can order this
How long will it take?

QTY:

English
Polity Press
12 October 2018
Throughout the Western world, a whole generation is being priced out of the housing market. For millions of people, particularly millennials, the basic goal of acquiring decent, affordable accommodation is a distant dream.

Leading economist Josh Ryan-Collins argues that to understand this crisis, we must examine a crucial paradox at the heart of modern capitalism. The interaction of private home ownership and a lightly regulated commercial banking system leads to a feedback cycle. Unlimited credit and money flows into an inherently finite supply of property, which causes rising house prices, declining home ownership, rising inequality and debt, stagnant growth and financial instability. Radical reforms are needed to break the cycle.

This engaging and topical book will be essential reading for anyone who wants to understand why they can't find an affordable home, and what we can do about it.

By:  
Imprint:   Polity Press
Country of Publication:   United Kingdom
Dimensions:   Height: 210mm,  Width: 135mm,  Spine: 16mm
Weight:   284g
ISBN:   9781509523252
ISBN 10:   1509523251
Series:   The Future of Capitalism
Pages:   140
Publication Date:  
Audience:   Professional and scholarly ,  Undergraduate
Format:   Hardback
Publisher's Status:   Active
Contents Chapter 1 Introduction Chapter 2 Land, Home-Ownership and the Problem of Economic Rent Chapter 3 The Housing-Finance Feedback Cycle and the Deregulation of Finance Chapter 4 How and Why Economic Policy Went Astray Chapter 5 Breaking the Housing-Finance Feedback Cycle Chapter 6 Conclusion Bibliography

Josh Ryan-Collins is a Senior Research Associate at the Institute for Innovation and Public Purpose, University College London.

Reviews for Why Can`t You Afford a Home?

'In this excellent book, Josh Ryan-Collins shows that unaffordable housing is not inevitable, and how we can break what the author aptly calls the housing-finance cycle.'Michael Hudson, Levy Economics Institute of Bard College 'Why can't you afford to buy a home? It's not because of too many smashed avocadoes, or too little land, but too much bank lending. Josh Ryan-Collins clearly explains how bank lending for speculation has made housing inaccessible, and how to tame the beast of finance.'Steve Keen, author of Debunking Economics


See Also