{"product_id":"why-cant-you-afford-a-home-hardback-9781509523252","title":"Why Can't You Afford a Home? (Hardback) 9781509523252","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eWhy Can't You Afford a Home?\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cfont size=\"4\"\u003eJosh Ryan-Collins (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781509523252, Polity Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 12 October 2018\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e140 pages\u003cbr\u003e18.8 x 12.5 x 1.5 cm, 0.249 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e\u003cp\u003e\"In this excellent book, Josh Ryan-Collins shows that unaffordable housing is not part of nature, and how a number of countries have broken what the author aptly calls the housing-financial cycle, by de-linking land pricing from mortgage-debt pyramiding.\"\u003cbr\u003e—\u003cb\u003eMichael Hudson, Levy Economics Institute of Bard College\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\"Why can't you afford to buy a home? It's not because of too many smashed avocadoes, or too little land, but too much bank lending. Josh Ryan-Collins clearly explains how bank lending for speculation has made housing inaccessible, and how to tame the beast of finance.\"\u003cbr\u003e—\u003cb\u003eSteve Keen, University of Kingston, author of \u003ci\u003eDebunking Economics\u003c\/i\u003e\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\"This book is the best short introduction I've seen to a burgeoning literature on housing and financialisation\"\u003cbr\u003e—\u003cb\u003e\u003ci\u003eInside Housing\u003c\/i\u003e\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\"\u003ci\u003eWhy Can't You Afford a Home?\u003c\/i\u003e is a short, readable and valuable book.... It makes a convincing set of arguments that explain much of our current housing crisis.\"\u003cbr\u003e—\u003cb\u003e\u003ci\u003eIrish Times\u003c\/i\u003e\u003c\/b\u003e\u003c\/p\u003e\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eThroughout the Western world, a whole generation is being priced out of the housing market. For millions of people, particularly millennials, the basic goal of acquiring decent, affordable accommodation is a distant dream.\u003cbr\u003e\u003cbr\u003e Leading economist Josh Ryan-Collins argues that to understand this crisis, we must examine a crucial paradox at the heart of modern capitalism. The interaction of private home ownership and a lightly regulated commercial banking system leads to a feedback cycle. Unlimited credit and money flows into an inherently finite supply of property, which causes rising house prices, declining home ownership, rising inequality and debt, stagnant growth and financial instability. Radical reforms are needed to break the cycle. \u003cbr\u003e\u003cbr\u003eThis engaging and topical book will be essential reading for anyone who wants to understand why they can’t find an affordable home, and what we can do about it.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cdiv\u003e\n\u003ci\u003eFigures vi\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e\u003ci\u003eAbout the Author ix\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e\u003ci\u003eAcknowledgements xi\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e1 Introduction 1\u003cbr\u003e\u003cbr\u003e 2 Land, Home-Ownership and the Problem of Economic Rent 9\u003c\/div\u003e \u003cdiv\u003e \u003c\/div\u003e 3 The Housing-Finance Feedback Cycle and the Deregulation of Finance 31\u003cbr\u003e\u003cbr\u003e4 How and Why Economic Policy Went Astray 69\u003cbr\u003e\u003cbr\u003e5 Breaking the Housing-Finance Feedback Cycle 94\u003cbr\u003e\u003cbr\u003e6 Conclusion 123\u003cbr\u003e\u003cbr\u003e\u003ci\u003eNotes 130\u003c\/i\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Economics [\u003ca title=\"See our other books on Economics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Economics%20%5BKC%5D%22\"\u003eKC\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Polity","offers":[{"title":"Brand New","offer_id":52501411299608,"sku":"9781509523252","price":34.98,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781509523252.jpg?v=1786236429","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/why-cant-you-afford-a-home-hardback-9781509523252","provider":"Freshly Printed Books","version":"1.0","type":"link"}