Why are house prices in many advanced economies rising faster than incomes? Why isn't land and location taught or seen as important in modern economics? What is the relationship between the financial system and land?
In this accessible but provocative guide to the economics of land and housing, the authors reveal how many of the key challenges facing modern economies - includin...
Why are house prices in many advanced economies rising faster than incomes? Why isn't land and location taught or seen as important in modern economics? What is the relationship between the financial system and land?
In this accessible but provocative guide to the economics of land and housing, the authors reveal how many of the key challenges facing modern economies - including housing crises, financial instability and growing inequalities - are intimately tied to the land economy. Looking at the ways in which discussions of land have been routinely excluded from both housing policy and economic theory, the authors show that in order to tackle these increasingly pressing issues a major rethink by both politicians and economists is required.
作者简介
· · · · · ·
Dr Josh Ryan-Collins is senior economist at the New Economics Foundation, where he has been based since 2006. He leads a research programme at NEF focusing on monetary and financial reform and the economics of land and housing and has published widely across these areas. Josh is the lead author of Where Does Money Come From?, a comprehensive guide to the workings of the modern ...
Dr Josh Ryan-Collins is senior economist at the New Economics Foundation, where he has been based since 2006. He leads a research programme at NEF focusing on monetary and financial reform and the economics of land and housing and has published widely across these areas. Josh is the lead author of Where Does Money Come From?, a comprehensive guide to the workings of the modern monetary system, which is used as a textbook to teach banking and finance courses at universities in the UK and United States. He has a PhD in economics from the University of Southampton and is visiting research fellow at Southampton Business School and City University's Political Economy Research Centre in London.
Toby Lloyd is head of housing development at Shelter, the UK's largest housing charity, where he was previously head of policy. He has worked on housing issues across the public, private and voluntary sectors for over twelve years, advising ministers, mayors, businesses and communities. His proposal for a new Garden City won the runner-up award in the Wolfson Economics Prize 2014.
Laurie Macfarlane is an economist at the New Economics Foundation, working on land and financial reform issues. He was previously head of economic analysis at the Water Industry Commission for Scotland and also spent one year working in the markets and economics division at Ofwat. Laurie has written on land and housing reform for the progressive Scottish think tank Common Weal. He has a first class degree in economics from the University of Strathclyde.
The New Economics Foundation is the only people-powered think tank. It works to build a new economy where people really take control.
Dr Josh Ryan-Collins is senior economist at the New Economics Foundation, where he has been based since 2006. He leads a research programme at NEF focusing on monetary and financial reform and the economics of land and housing and has published widely across these areas. Josh is the lead author of Where Does Money Come From?, a comprehensive guide to the workings of the modern monetary system, which is used as a textbook to teach banking and finance courses at universities in the UK and United States. He has a PhD in economics from the University of Southampton and is visiting research fellow at Southampton Business School and City University's Political Economy Research Centre in London.
Toby Lloyd is head of housing development at Shelter, the UK's largest housing charity, where he was previously head of policy. He has worked on housing issues across the public, private and voluntary sectors for over twelve years, advising ministers, mayors, businesses and communities. His proposal for a new Garden City won the runner-up award in the Wolfson Economics Prize 2014.
Laurie Macfarlane is an economist at the New Economics Foundation, working on land and financial reform issues. He was previously head of economic analysis at the Water Industry Commission for Scotland and also spent one year working in the markets and economics division at Ofwat. Laurie has written on land and housing reform for the progressive Scottish think tank Common Weal. He has a first class degree in economics from the University of Strathclyde.
The New Economics Foundation is the only people-powered think tank. It works to build a new economy where people really take control.
总的来说，这些因素意味着英国社会看待土地和房产的方式发生了深刻的转变。100年前，在大多数人眼中，房屋只是一个居住的地方而已。但是今天，自有住房被推销为投资机会，它能在面临工资停滞、养老金缩水和国家福利减少的不利形势时为人们提供长期财务安全。不管是对政治家还是对普通大众而言，住房都不再是普通消费品，而是财富积累的工具。很多人逐渐把获得住房所有权看作“迈进不断壮大的中产阶级队伍的必要的一步，因为在中产阶级以信用为基础的生活方式中，住房资产已成为关键的支点并驱动着消费”（Forrest et a，1999）。 (查看原文)
It is an introductory level book for a wide variety of questions of land economy, and the relationship among land , finance and development. Although the writer didn’t dig into many questions, it is indeed a good book to start thinking about the role of la...
(展开)
静观其变
0 有用 🌖 2023-07-26 18:27:35 江苏
（academic
0 有用 自由驿 2022-05-04 00:35:37
Neoliberal像幽灵又像降落伞一样横在所有论述的上空… …扫完的，写得非常浅，考前复习资料用。
3 有用 ll 2021-09-30 00:05:28
土地不可移动、供给有限，所以会收获基础设施建设的溢价，又是优质的信贷抵押物。这两个特性结合政治、经济（金融）环境，带来信贷扩张和收入不平等。作者认为现代经济学忽视了土地要素，其实土地一直是城市经济学的核心问题，但局限于城市内部结构。作者一直强调土地供给固定，不尽然，很多文献已证实土地管制限制了供给。土地对经济的影响机制如何模型化和做实证研究确实重要。
0 有用 长宁区炼气士 2025-02-01 19:27:20 上海
土地是独特资产：不可再生、不可移动、供给固定，本质是“自然垄断”。 土地金融化：土地与住房被深度卷入金融体系，成为资本积累与投机的工具，扭曲经济结构。 租金抽取：土地所有权通过租金、地价上涨获取“非生产性收益”，加剧财富分配不公。 现代经济的土地悖论：技术进步提升生产率，但土地稀缺性使地租吞噬增长红利（如硅谷高房价抵消科技业高工资）。 金融不稳定：房地产抵押品支撑信贷扩张，形成“地价涨→信... 土地是独特资产：不可再生、不可移动、供给固定，本质是“自然垄断”。 土地金融化：土地与住房被深度卷入金融体系，成为资本积累与投机的工具，扭曲经济结构。 租金抽取：土地所有权通过租金、地价上涨获取“非生产性收益”，加剧财富分配不公。 现代经济的土地悖论：技术进步提升生产率，但土地稀缺性使地租吞噬增长红利（如硅谷高房价抵消科技业高工资）。 金融不稳定：房地产抵押品支撑信贷扩张，形成“地价涨→信贷松→地价再涨”的循环，最终引发崩溃。 价值盲区：GDP核算将地价上涨视为“增长”，实则仅是财富转移（如旧房翻新推高GDP但无实际产出）。 换句话说，所有的技术进步最后还是被地价和房价收割了。有点道理，所以历史上每一次投资热点，基本都以买房结束。 其他的政策建议纯属胡说八道，书生之见。 (展开)
0 有用 走东又走西 2024-05-07 09:57:48 江西
从宏观上讨论土地与房产和经济的交互作用的一本书，比较教科书化，读起来像是某个垂直领域的经济学史的感觉。没有太多的新观点，读读introduction和summary就行了。