Rethinking the Economics of Land and Housing by Josh Ryan-Collins, Toby Lloyd and Laurie Macfarlane is an English-language printed textbook that focuses on the economic aspects of land and the housing market. This reference work is intended for students in higher education who are delving into economics and related social themes.
The book addresses why house prices in many developed countries rise faster than incomes, and why land and location receive little attention within modern economics. The authors draw a connection between the financial system and land and show how this relationship is crucial for current societal challenges such as the housing crisis, financial instability, and growing inequality.
By critically analyzing the role of land in policy and economic theory, the authors call for a revision of the economic approach to land and housing. This accessible yet in-depth book provides a foundation for policymakers and economists to better understand and reform the economy of land and housing.
In terms of content, it ties in with topics such as Economics, social discrimination and social justice, and BUSINESS & ECONOMICS / General.