In the wake of the housing market crash in the United States in the late 2000s, images of abandoned homes on the urban periphery of American cities dominated international media coverage. This narrative of peri-urban over-extension was used by media documenting the housing crisis in Mexico,...

Experiences reveal that the monitoring costs of the foreclosure crisis may be nontrivial, and smaller governments may have more success at addressing potential negative externalities. One highly localized form of government is a homeowners association (HOA). HOAs could be well-suited for...

Islamabad is currently in the process of reviewing its Master Plan. Islamabad was planned in 1960 by C. A. Doxiadis on the principles of ‘Dynapolis’ – “the City of the Future” as a low-density administrative city, with single-family homes. There was no room for the poor, a central...

In this chapter, we review and discuss the large body of research that has developed over the past 10-plus years that explores the interconnection of macroeconomics, finance, and housing. We focus on three major topics—housing and the business cycle, housing and portfolio choice, and housing...

We exploit staggered real estate transaction tax (RETT) hikes across German states to identify the effect of house price changes on mortgage credit supply. Based on approximately 33 million real estate online listings, we construct a quarterly hedonic house price index (HPI) between 2008:q1 and...

Ensconced within the urbanized environs of the Delhi metropolis and its umbrella towns, there exists several semi-urban semi-rural pockets which are inhabited by communities with agrarian backgrounds who had sold off their lands to merge with the fast developing city spaces. Still holding on to...

Mahatma Gandhi and his economic ideas are relevant to economic process and in twenty first century. His vision to create Indian villages prosperous and progressive is feasible through economic process. His plan of Gram Swaraj aims at developing villages in a very manner, which retains and...

Ahmedabad is often called an Indian ‘success story' in terms of economic urbanization, but it is also a city highly segregated along religious and caste lines, and a flashpoint in the 2002 Hindu–Muslim riots that left thousands dead. Most of the Muslim communities relocated after the...

Over the last twenty years, and particularly in the last ten, there has been a growing amount of economic and policy research conducted at a micro-geographic scale. This trend reflects both the continuing popularity of targeted spatial policies and the availability of new data and techniques to...