Why Can't You Afford a Home?, 9781509523252
Hardcover
“Leading economist Josh-Ryan Collins argues that to understand the housing crisis, we must examine the ‘doom loop’ that exists between private home ownership and a lightly regulated commercial banking system. The only way out is to rethink how we structure our tax and financial systems and accept th…

Why Can't You Afford a Home?

$76.80

  • Hardcover

    140 pages

  • Release Date

    11 October 2018

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Summary

Throughout 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. 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 c…

Book Details

ISBN-13:9781509523252
ISBN-10:1509523251
Series:The Future of Capitalism
Author:Josh Ryan-Collins
Publisher:John Wiley and Sons Ltd
Imprint:Polity Press
Format:Hardcover
Number of Pages:140
Release Date:11 October 2018
Weight:249g
Dimensions:188mm x 125mm x 15mm
What They're Saying

Critics Review

“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.”—Michael Hudson, Levy Economics Institute of Bard College

“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.”—Steve Keen, University of Kingston, author of Debunking Economics

“This book is the best short introduction I’ve seen to a burgeoning literature on housing and financialisation”—Inside Housing

“Why Can’t You Afford a Home? is a short, readable and valuable book…. It makes a convincing set of arguments that explain much of our current housing crisis.”—Irish Times

About The Author

Josh Ryan-Collins

Josh Ryan-Collins is a Senior Research Associate at the Institute for Innovation and Public Purpose, University College London.

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