Purpose – The purpose of this paper is to review what is known about property cycles following the financial crisis of 2008. Design/methodology/approach – The method is to review the literature on property cycles published since the 1930s, to examine the extent to which endogenous causes...

Purpose The study looks at the characteristics of upswings and downswings for UK housing cycles. Specifically, the purpose of this paper is to empirically analyse cycles in house prices and housing affordability on the characteristics of persistence, magnitude and severity....

Housing plays a key role in the economy, because of its weight in household expenditures and assets, its importance for social well-being, and its impact on educational outcomes and employment as well as on the business cycle. Over the past half century, the bulk of the population has benefited...