9781119219255

Property Boom and Banking Bust

Paperback / softback by Colin Jones, Stewart Cowe, Edward Trevillion

A fascinating analysis of the critical role commercial property investment played in the economic boom and bust during the global financial crisis

The unprecedented financial boom stretching from the mid-1990s through 2008 ultimately led to the deepest recession in modern times and one of the slowest economic recoveries in history. It also resulted in the emergence of the draconian austerity policies that have swept across Europe in recent years. Property Boom and Banking Bust offers an expert insight into the complex property market dynamics that contributed to the Great Financial Crisis of 2008 and its devastating economic consequences. It is the first book to focus on a woefully underreported dimension of the crisis, namely, the significant role that lending on commercial property development played in the crisis. Among other key topics, the authors explore the philosophical and behavioral factors that propelled irresponsible bank lending and the property boom; how it led to the downfall of the banks; the impact of the credit crunch on the real estate industry generally in the wake of the financial crisis; the catastrophic effects the property bust had on property investors, both large and small; and how the financial institutions have sought to recover in the wake of the financial crisis. 

  • Provides valuable insights into what happened in previous booms and busts, particularly in the 1970s and 1980s, and how they compare with the most recent one
  • Offers an expert assessment of the consequences of the global financial crisis for the banking system and the commercial property industry
  • Examines strategies banks have used to recover their positions and manage the overhang of indebtedness and bad property assets
  • Addresses strategies the real estate industry have used to recover from the collapse in property values

Written in an accessible style, and featuring numerous insider case accounts from property bankers, Property Boom and Banking Bust disentangles the complex, tightly-woven factors that led to the Great Financial Crisis of 2008, while offering powerful lessons for property industry professionals on how to avoid having history repeat itself.

Regular price
$173.50
Sale price
$173.50
Regular price
$173.50
Sold out
Unit price
per 
Tax included. Free Shipping Islandwide.

PRODUCT DETAILS

Format: Paperback / softback, 216 pages Language: English
Dimension: 168 x 13 x 241mm ISBN10: 1119219256
Weight: 340g ISBN13: 9781119219255
Publication Date: 14 Nov 2017 Publisher: Wiley

ABOUT AUTHOR

Colin Jones, PhD, is Professor of Estate Management in the Institute for Social Policy, Housing, Environment and Real Estate at Heriot-Watt University, Edinburgh, Scotland, UK. He has published widely on spatial commercial, industrial and housing property markets, urban regeneration and the economics of housing policy.

Stewart Cowe worked for thirty years in the investment division of Scottish Widows Investment Partnership.

Edward Trevillion, PhD, is an Honorary Professor of Real Estate Investment and Finance in the Institute for Social Policy, Housing, Environment and Real Estate at Heriot-Watt University.

PRODUCT GUARANTEE

  • 1. Brand New
  • 2. To be eligible for a return or refund, you must make a request within 3 days of your order’s arrival as well as your order being in an unused condition.

FAQ

Your order should be with you in 1-3 business days. At ByblyoShop, we are delighted to be able to offer FREE delivery on all orders

All prices shown on the ByblyoShop website are in Singaporean dollars. The prices shown are inclusive of GST.

The best way to contact us is by filling in the online contact form within the Contact Us section. The form is designed to help you specify the query that you have and then direct it to a member of our customer support team that is best suited to deal with it. We work hard to deal with your queries within 24 hours.
We also welcome to receiving any suggestions or feedback as to how we can improve. All emails are read by a member of a customer support team. Please send your emails to byblyoshop@gmail.com

At this current moment, we only deliver within Singapore. However, we hope to expand this to the whole Asia region very soon.