The prescriptions of top-down land use planners and the actions of the people who shape U.S. cities, consumers and developers, are at odds. In spite of various recent pronouncements that the "Smart Growth" movement has begun to reverse suburbanization trends, the opposite appears to be the case....

Purpose – This paper aims to examine how the exogenous shock of the global financial crisis has had a differential impact on the housing markets of the USA and UK. Design/methodology/approach – The paper begins by examining the nature and dynamics of the global financial crisis. It presents...