Housing Stress: Nature, Causes, and Consequences
Kim Hawtrey
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Kim Hawtrey: Hope College
Chapter 2 in Affordable Housing Finance, 2009, pp 6-25 from Palgrave Macmillan
Abstract:
Abstract This chapter provides an overview of housing stress and the closely related notion of housing finance stress. It defines housing stress and draws out implications of housing exclusion for the economy and society. The conventional determinants of housing affordability are canvassed, but then the text explains why we need to look beyond traditional affordability if we are to understand the global credit crisis and its financial roots.
Keywords: Social Capital; House Price; Housing Market; Financial Stress; Housing Cost (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-0-230-24436-8_2
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DOI: 10.1057/9780230244368_2
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