© 2009

The Politics of Housing Booms and Busts

  • Herman M. Schwartz
  • Leonard Seabrooke

Part of the International Political Economy Series book series (IPES)

About this book


This book demonstrates how housing systems are built from political struggles over the distribution of welfare and wealth. The contributors analyze varieties of residential capitalism through a range of international case studies, as well as investigating the links between housing finance and the current international financial crisis.


hegemony Housing Market neoliberalism political economy Real Estate

Editors and affiliations

  • Herman M. Schwartz
    • 1
  • Leonard Seabrooke
    • 2
  1. 1.University of VirginiaUSA
  2. 2.University of WarwickUK

About the editors

HERMAN SCHWARTZ is Professor of Politics at the University of Virginia, USA. A prolific author, his most recent book is Subprime Nation: American Power, Global Capital and the Housing Bubble. His other publications include Dominions of Debt and States versus Markets.

LEONARD SEABROOKE is Professor in International Political Economy in the Department of Politics and International Studies, and Director of the Centre for the Study of Globalization and Regionalization, at the University of Warwick, UK. His book publications include The Social Sources of Financial PowerUS Power in International Finance, Global Standards of Market Civilization (with Brett Bowden) and Everyday Politics of the World Economy (with John M. Hobson).

Bibliographic information

Industry Sectors
Finance, Business & Banking


'Schwartz and Seabrooke have done what most academics fail to do; produce a volume that is both timely and extremely relevant. As well providing us with a panoptic view of the global housing crisis, they frame it with a theoretical framework that clarifies the central causal and constitutive processes at the heart of the global crisis. If you want to understand why the financial world just blew up I cannot think of a better place to start.' - Mark Blyth, The Johns Hopkins University, USA