Financialization of Housing Aalbers Manuel B.
Financialization of Housing Aalbers Manuel B. Due to the financialization of housing in today's market, housing risks are increasingly becoming financial risks. It also refers to the resulting…
Specifikacia Financialization of Housing Aalbers Manuel B.
Financialization of Housing Aalbers Manuel B.
Due to the financialization of housing in today's market, housing risks are increasingly becoming financial risks. It also refers to the resulting structural transformation of economies, firms, states and households. Financialization refers to the increasing dominance of financial actors, markets, practices, measurements and narratives.
This explains why housing is increasingly becoming financialized, but it does not explain its timing, politics and geography. This book asserts the centrality of housing to the contemporary capitalist political economy and places housing at the centre of the financialization debate.A global wall of money is looking for High-Quality Collateral (HQC) investments, and housing is one of the few asset classes considered HQC. Presenting a diverse range of case studies from the US, the UK, the Netherlands, Germany, Italy and Spain, the chapters in
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