Book details

Book description

Subprime Cities: The Political Economy of Mortgage Markets presents a collection of works from social scientists that offer insights into mortgage markets and the causes, effects, and aftermath of the recent 'subprime' mortgage crisis.

• Provides an even-handed and detailed analysis of mortgage markets and the recent housing crisis
• Features contributions from various social scientists with expertise in critical social theories who have assembled and analyzed detailed empirical information
• Offers a unique and powerful rebuttal to many of the misleading popular explanations of the crisis and its aftermath
• Reveals how racial minorities and the neighbourhoods inhabited by them are more likely to be targeted by subprime and predatory lenders

Manuel B. Aalbers is Assistant Professor in the Department of Geography, Planning and International Development Studies at the University of Amsterdam. He is the author of Place, Exclusion , and Mortgage Markets (2011) and associate editor of the Encyclopedia of Urban Studies (2010).