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The Microstructures of Housing Markets
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The Microstructures of Housing Markets

Book Details

Format Paperback / Softback
ISBN-10 1138981036
ISBN-13 9781138981034
Publisher Taylor & Francis Ltd
Imprint Routledge
Country of Manufacture GB
Country of Publication GB
Publication Date Aug 4th, 2016
Print length 210 Pages
Weight 394 grams
Dimensions 17.60 x 24.40 x 1.60 cms
Ksh 8,800.00
Werezi Extended Catalogue 0 in stock

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This multidisciplinary collection casts exciting new light on how housing markets work. It develops innovative ideas about the microstructures of markets in order to explore the social, cultural and psychological, as well as economic, drivers of this most critical element of national and local economies.

House prices and mortgage debt have moved to centre stage in the management of national economies, regional development and neighbourhood change. Describing, analysing and understanding how housing markets work within and across these scales of economy and society has never been more urgent. But much more is known about the macro-scales than the microstructures; and about the economic rather than social drivers of housing market dynamics. This book redresses the balance. It shows that housing markets are social, cultural and psychological – as well as economic – affairs. This multidisciplinary approach is helpful in understanding the economic staples of supply, demand, price and information. It also casts new light on the emotional and political economy of markets.


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