To identify and quantify downside risks to housing markets, we apply the house price-at-risk methodology to a sample of 37 cities across the United States and Canada using quarterly data from 1983 to 2018. This paper finds that downside risks to housing markets in the United States have...

The geography of globalization -- Theorizing the politics of space -- Serving transnational capital -- Constructing the glocal transnational capitalist class -- Selling exports -- Imagineering world cities -- Conclusion