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Short description Subprime Cities: The Political Economy of Mortgage Markets presents a collection of works from social scientists that offer insights into what is happening in today's mortgage market including the causes, effects, and aftermath of the 'subprime' mortgage crisis. In addition to shedding light on how the housing crisis has spread to other sectors of the economy, readings address the mortgage market itself and how problems have spread throughout mortgage and housing markets. This book is a provocative wake-up call for us to reconsider the structures of housing finance and housing policy if we are to avoid another crisis.
From the contents Acknowledgements
Part I: Introduction
Part II: The Political Economy of the Mortgage Market