Conference proceedings.

Includes bibliographical references and index.

Contributors -- Glossary -- Introduction : the housing economy and the credit crunch -- The housing boom, the bust and US housing po licy -- Housing bubbles and foreclosures that follow : the case of Las Vegas -- Unemployment risk, homeownership, and housing wealth : lessons from the bubble -- The changing nature of household demand and housing market trends in China -- The structural sustainability of home ownership in Australia -- Impacts on wealth and debt of changes in the Danish financial framework over a housing cycle -- Market stability, housing finance, and home ownership in Germany -- The responsiveness of new supply to house prices : a perspective from the Spanish housing market -- The UK housing market cycle and the role of planning : the policy challenge following the financial crisis -- Developments in the role of social housing in Europe -- Delivering affordable housing in the UK -- The UK private rented sector as a source of affordable accommodation -- Conclusions: the challenges ahead -- References -- Index.

This timely book addresses key challenges faced by policy makers and the house-building industry in a post-credit crunch world. It examines the implications for households, the housing market, the economy, as well as for government's policy choices. Challenges of the Housing Economy: an international perspective brings together experts from around the world to examine recent housing market trends. The contributions reveal common long-term trends in housing markets worldwide. Despite differences in supply conditions and the role of planning, there is a trend toward rising house prices that has.

Print version record.