Globalisation and Home Ownership

Globalisation and Home Ownership PDF Author: J. F. Doling
Publisher: Delft University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 260

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Book Description
Across Europe there is evidence, albeit unsystematic and patchy, of home ownership markets in which the experiences of some households has become problematic. The incidence of loan repayment difficulties, loan default and even forced sales combined with examples of falling prices and negative equity indicates a side to home ownership that is characterized by problems with social, economic and political dimensions. This book reports on research carried out in eight countries: Belgium, Finland, France, Germany, The Netherlands, Portugal, Spain and the UK. Examining the interplay of the housing markets in each country with their labor and financial markets and their systems of social security, it takes as its theoretical context the nature of globalization. It explores some of the ways in which there have been both similarities and differences in developments, supporting a view of globalization that provides some space for autonomous action by agents, including policy makers and households. The book was written as part of the Home Ownership - Social and Economic Problems Project (HOSE) that has been funded by the institutions of the researchers involved and the European Union under its Framework 5 Program.

Globalisation and Home Ownership

Globalisation and Home Ownership PDF Author: J. F. Doling
Publisher: Delft University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 260

Get Book Here

Book Description
Across Europe there is evidence, albeit unsystematic and patchy, of home ownership markets in which the experiences of some households has become problematic. The incidence of loan repayment difficulties, loan default and even forced sales combined with examples of falling prices and negative equity indicates a side to home ownership that is characterized by problems with social, economic and political dimensions. This book reports on research carried out in eight countries: Belgium, Finland, France, Germany, The Netherlands, Portugal, Spain and the UK. Examining the interplay of the housing markets in each country with their labor and financial markets and their systems of social security, it takes as its theoretical context the nature of globalization. It explores some of the ways in which there have been both similarities and differences in developments, supporting a view of globalization that provides some space for autonomous action by agents, including policy makers and households. The book was written as part of the Home Ownership - Social and Economic Problems Project (HOSE) that has been funded by the institutions of the researchers involved and the European Union under its Framework 5 Program.

Real Estate and Globalisation

Real Estate and Globalisation PDF Author: Richard Barkham
Publisher: John Wiley & Sons
ISBN: 1118351665
Category : Business & Economics
Languages : en
Pages : 361

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Book Description
2000 to 2010 was a remarkable decade for real estate. It started with the dot.com bubble and ended with the putative recovery from the Great Financial Crisis. The period in-between featured the world's first coordinated real estate boom and slump. This book is based on a series of briefings on the relationship between macro economic events and real estate markets in the era of globalisation that covered the period. Collectively they offer unique insights, new ideas and practical approaches to real estate economics, grounded in the day-to-day realities of investment, development and fund management operations in a leading international property company. All the briefings are based on research conducted by a sophisticated in-house research team with expertise in macroeconomics, urban economics, financial economics and econometrics, led by a well- known specialist in the field. The topics highlight the relationship between real estate markets and global economic and political events – an area not well covered by academic journals. A compelling introduction considers the dramatic boom and slump in real estate values that led up to the Great Financial Crisis. The briefings are then presented, grouped into broad themes: macro economics and real estate; GDP, recessions and inflation; REITs; construction; Asia; retail, offices and housing markets; the formation of investment yields. A final chapter considers the medium-term future for real estate in the context of the ongoing financial crisis. Topics span the key sectors of office, retail and residential real estate in over 40 countries, with a focus on private sector investment, development and management. The perspective is long term, reflecting Grosvenor's unique position in real estate as a privately owned group. The author provides a commentary on each topic, giving context to the research and the implications for strategy, drawing out two unifying themes: the effect of globalisation; and the importance of macro economics and geo-politics in real estate research. Together, the briefings offer a penetrating analysis of real estate markets in the era of globalisation and financial crises. The era of crises is far from over, and Real Estate and Globalisation provides invaluable insights for property professionals worldwide – developers, occupiers, investment analysts and planners – on the nature of the processes that create such intense property market volatility. The book is also a unique source of guidance on practical property research for final year undergraduates and postgraduates on property courses, as well in geography, planning, architecture, and construction.

Home Ownership Beyond Asset and Security

Home Ownership Beyond Asset and Security PDF Author: Marja Elsinga
Publisher: Delft University Press
ISBN: 9781441616753
Category : Home ownership
Languages : en
Pages : 335

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Book Description
Offers information by linking developments on home ownership with developments in the financial and labor markets in the context of globalization. This book is the conclusion of a body of research that started with a workshop held at the University of York in October 2000, and which resulted in the book "Globalisation and Home Ownership."

Seeking Shelter on the Pacific Rim

Seeking Shelter on the Pacific Rim PDF Author: Gary Dymski
Publisher: Routledge
ISBN: 1315499711
Category : Business & Economics
Languages : en
Pages : 390

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Book Description
This innovative book analyzes the changes that financial globalization is bringing about in the housing and home-finance markets of the United States, Japan, and South Korea, with special attention to the circumstances of women in obtaining housing, credit, and personal security. The book's focus on changes in the residential and housing finance markets serves as a window for an integrated examination of how the liberalization of national financial markets has affected the relationship among all players in each of the three economies - government, markets, and individual citizens. Through this examination Housing Finance Futures develops a new critical response to economic globalization based on a groundbreaking concept, the social efficiency of policy and market shifts.

Beyond Home Ownership

Beyond Home Ownership PDF Author: Richard Ronald
Publisher: Routledge
ISBN: 1136592741
Category : Architecture
Languages : en
Pages : 242

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Book Description
In context of ongoing transformations in housing markets and socioeconomic conditions, this book focuses on past, current and future roles of home ownership in social policies and welfare practices. It considers owner-occupied housing in terms of diverse meanings and manifestations, but in particular the part played by housing tenure in the political, socioeconomic and demographic changes that have characterized the pre- and post-crisis era. The intensified promotion of home ownership in recent decades helped stimulate an increasing orientation towards the private consumption of housing, not only as a home, but also an asset – or possibly speculative vehicle – that enhances household economic capacity and can be transferred to children or other family, or even exchanged for other goods. The latest global financial crisis, however, made it clear that owner-occupied housing markets and mortgage sectors have become deeply embedded in networks of socioeconomic interdependency and risk. This collection engages with numerous debates on housing and society in a range of developed societies from North America to Asia-Pacific to North, South, East and West Europe. Interdisciplinary contributors draw upon diverse empirical data to explore how housing and home ownership has become so embedded in polity, economy and household welfare conditions in various social and cultural contexts. Another concern is what lies beyond home ownership considering the integration of housing systems with economic growth and social stability appears to be unravelling. This volume speaks to public debates concerning the future of housing markets, policy and tenure, providing deep and provocative insights for academics, students and professionals alike.

Affluence, Mobility and Second Home Ownership

Affluence, Mobility and Second Home Ownership PDF Author: Chris Paris
Publisher: Routledge
ISBN: 113693474X
Category : Architecture
Languages : en
Pages : 323

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Book Description
Despite the current recession, the frequency of second home ownership is still surprisingly high throughout the western world. While the UK and Ireland previously had lower occurrences of multiple dwellings compared to the rest of Europe, they are quickly catching up with a current surge in the ownership of second homes. The recent MP expenses scandal in the UK has also drawn attention to the prevalence of second homes (or more) within the middle classes, and the fact that the concept is becoming increasingly popular. Chris Paris uses this text to address the reasons behind why second homes are becoming more popular, both within the usual domicile of the individuals, and in international locations. The socioeconomic factors and historical contexts of homes in cultures across the world are fundamental to explaining the choices in transnational home ownership, and Paris’ case studies and comparisons between additional homes in Europe, Australia, America and Asia expand upon the motivation for people to own a second home. Affluence, Mobility and Second Home Ownership draws together debates on gentrification, globalisation, consumerism, environmental factors and investment to provide a balanced look at the pros, and cons, of second home ownership, and what implications it has for the future. An ideal text for students studying geography, urbanism and planning, this book is also of interest to individuals interested in the changing ways in which we make choices on our places of residence.

The World Bank and the Globalisation of Housing Finance

The World Bank and the Globalisation of Housing Finance PDF Author: Liam Clegg
Publisher: Edward Elgar Publishing
ISBN: 1786435608
Category : Housing
Languages : en
Pages : 276

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Book Description
The World Bank remains one of the most prominent actors in the field of global development, and one of the foremost international organisations in contemporary global politics. Over its history, its lending for housing has mortgaged development by prioritising financial sector expansion over the needs of low-income groups. Through this book, Liam Clegg explores the drivers of World Bank operational practices, and the contribution of these operations to state transformations across the global South.

The Ideology of Home Ownership

The Ideology of Home Ownership PDF Author: R. Ronald
Publisher: Springer
ISBN: 0230582281
Category : Social Science
Languages : en
Pages : 293

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Book Description
Demand for owner-occupied housing has expanded dramatically across modern-industrialized societies in recent years leading to volatile increases in residential property values. This book explores the rise of modern home-ownership as a cultural, socio-political and ideological phenomenon.

The Globalisation of Real Estate

The Globalisation of Real Estate PDF Author: Dallas Rogers
Publisher: Routledge
ISBN: 9780367572297
Category :
Languages : en
Pages : 176

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Book Description
Individual foreign investment in residential real estate by new middle-class and super-rich investors is re-emerging as a key issue in academic, policy and public debates around the world. At its most abstract, global real estate is increasingly thought of as a liquid asset class that is targeted by foreign individual investors who are seeking to diversify their investment portfolios. But foreign investors are also motivated by intergenerational familial security, transnational migration strategies and short-term educational plans, which are all closely entwined with global real estate investment. Government and local public responses to the latest manifestation of global real estate investment have taken different forms. These range from pro-foreign investment, primarily justified on geopolitical and macro-economic grounds, to anti-foreign investment for reasons such as mitigating public dissent and protecting the local housing market. Within this changing geopolitical context, this book offers a diverse range of case studies from Canada, Hong Kong, Singapore, Russia, Australia and Korea. It will be of interest to academics, policymakers and university students who are interested in the globalisation of local real estate. The chapters in this book were originally published in the International Journal of Housing Policy.

Comparative Approaches to Informal Housing Around the Globe

Comparative Approaches to Informal Housing Around the Globe PDF Author: Udo Grashoff
Publisher: UCL Press
ISBN: 1787355217
Category : Social Science
Languages : en
Pages : 286

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Book Description
Comparative Approaches to Informal Housing Around the Globe brings together historians, anthropologists, political scientists, sociologists, urban planners and political activists to break new ground in the globalisation of knowledge about informal housing. Providing both methodological reflections and practical examples, they compare informal settlements, unauthorised occupation of flats, illegal housing construction and political squatting in different regions of the world. Subjects covered include squatter settlements in Kyrgyzstan and Kazakhstan, squatting activism in Brazil and Spain, right-wing squatting in Germany, planning laws and informality across countries in the Global North, and squatting in post-Second World War UK and Australia.