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In a context marked by rapid urbanisation, growing housing demand and the worsening impacts of climate change, national governments play a vital role in delivering environmentally sustainable cities with adequate and affordable housing. This paper reviews national housing policy instruments from...
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This paper provides evidence that the recent housing bust in the United States precipitated a “credit crunch” for small businesses. We compare banks' small business lending in the same metropolitan areas, and find that those that originated or purchased more of their mortgage loans in...
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We observe significant heterogeneity in the correlation between changes in house prices and the growth of small firms across certain countries in Europe. We find that, overall, the correlation is far greater in Southern Europe than in Northern Europe. Using a simple model, we show that this...
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