1 Introduction: Financialization and Housing Studies

2 Centring Housing in Political Economy

With Brett Christophers

3 The Financialization of Home and the Mortgage Market Crisis

4 The Great Moderation, the Great Excess and the global housing crisis

5 Financialization and Housing: Between Globalization and Varieties of Capitalism

With Rodrigo Fernandez

6 Mortgage Lending and House Price Developments in Germany, Italy, Spain, the Netherlands and the US

7 The Financialization of Subsidized Rental Housing

8 Conclusion: The 21st Century Housing Question

Manuel B. Aalbers is Associate Professor of Human Geography at KU Leuven/University of Leuven, Belgium, where he leads an ERC project and research group on the intersection of real estate, finance and states.

Due to the financialization of housing in today's market, housing risks are increasingly becoming financial risks. Financialization refers to the increasing dominance of financial actors, markets, practices, measurements and narratives. It also refers to the resulting structural transformation of economies, firms, states and households. This book asserts the centrality of housing to the contemporary capitalist political economy and places housing at the centre of the financialization debate.