{"product_id":"subprime-cities-9781444337761","title":"Subprime Cities","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\u003cb\u003e\u003ci\u003eSubprime Cities: The Political Economy of Mortgage Markets\u003c\/i\u003e 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.\u003c\/b\u003e\u003c\/p\u003e \u003cul\u003e \u003cli\u003eProvides an even-handed and detailed analysis of mortgage markets and the recent housing crisis\u003c\/li\u003e \u003cli\u003eFeatures contributions from various social scientists with expertise in critical social theories who have assembled and analyzed detailed empirical information\u003c\/li\u003e \u003cli\u003eOffers a unique and powerful rebuttal to many of the misleading popular explanations of the crisis and its aftermath\u003c\/li\u003e \u003cli\u003eReveals how racial minorities and the neighbourhoods inhabited by them are more likely to be targeted by subprime and predatory lenders\u003c\/li\u003e \u003c\/ul\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\"Aalbers has edited a commendable volume that makes a strong case for the centrality of urban processes in crisis formation. It has implications for a number of subfields in political science—including urban politics, economic and housing policy processes, race and ethnicity, politics and history, and federalism and intergovernmental relations—and should be read by scholars seeking to pinpoint the urban origins of the global financial crisis, as well as by those with an interest in learning more about the unavoidable and deepening connection between the fate of cities and the fate of nations.\"  (\u003ci\u003ePerspectives on Politics\u003c\/i\u003e, 1 September 2013)\u003c\/p\u003e \u003cp\u003e“So its reading will benefit not only economic geographers, but also sociologists, political scientists and, dare we say, economists.”  (\u003ci\u003ePolitical Studies Review\u003c\/i\u003e, 8 January 2014)\u003cbr\u003e \u003cbr\u003e \"Aalbers has edited a commendable volume that makes a strong case for the centrality of urban processes in crisis formation. It has implications for a number of subfields in political science—including urban politics, economic and housing policy processes, race and ethnicity, politics and history, and federalism and intergovernmental relations—and should be read by scholars seeking to pinpoint the urban origins of the global financial crisis, as well as by those with an interest in learning more about the unavoidable and deepening connection between the fate of cities and the fate of nations.\" (\u003ci\u003ePerspectives on Politics\u003c\/i\u003e, September 2013)\u003ci\u003e\u003cbr\u003e \u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e“The book will be extremely useful for advanced courses in economic geography, housing policy and related topics. It should be widely cited in the ongoing debates over the subprime crisis as well as in discussions of mortgage and housing markets more generally.”  (\u003ci\u003eInternational Journal of Housing Policy\u003c\/i\u003e, 20 June 2013)\u003c\/p\u003e \u003cp\u003e“Overall, the book is a must-have for not only those interested in the economics, geography, and politics of the subprime crisis or mortgage markets, but also those more broadly interested in economic geography more broadly, especially as it concerns finance. The book will be extremely useful for advanced courses in economic geography, housing policy, and related topics. It should be widely cited in the ongoing debate over the subprime crisis as well as in discussions of mortgage and housing markets more generally.”  (\u003ci\u003eInternational Journal of Housing Policy\u003c\/i\u003e, 2012)\u003c\/p\u003e \u003cp\u003e \u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003ci\u003eList of Figures\u003c\/i\u003e vii  \u003cp\u003e\u003ci\u003eList of Tables\u003c\/i\u003e viii\u003c\/p\u003e \u003cp\u003e\u003ci\u003eNotes on Contributors\u003c\/i\u003e ix\u003c\/p\u003e \u003cp\u003e\u003ci\u003eForeword: The Urban Roots of the Financial Crisis\u003c\/i\u003e xiii\u003cbr\u003e David Harvey\u003c\/p\u003e \u003cp\u003e\u003ci\u003eSeries Editors’ Preface\u003c\/i\u003e xx\u003c\/p\u003e \u003cp\u003e\u003ci\u003eAcknowledgments\u003c\/i\u003e xxi\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart I Introduction 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSubprime Cities and the Twin Crises 3\u003cbr\u003e \u003ci\u003eManuel B. Aalbers\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II The Political Economy of the Mortgage Market 23\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1 Creating Liquidity Out of Spatial Fixity: The Secondary Circuit of Capital and the Restructuring of the US Housing Finance System 25\u003cbr\u003e \u003ci\u003eKevin Fox Gotham\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e2 Finance and the State in the Housing Bubble 53\u003cbr\u003e \u003ci\u003eHerman Schwartz\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e3 Expanding the Terrain for Global Capital: When Local Housing Becomes an Electronic Instrument 74\u003cbr\u003e \u003ci\u003eSaskia Sassen\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e4 Building New Markets: Transferring Securitization, Bond-Rating, and a Crisis from the US to the UK 97\u003cbr\u003e \u003ci\u003eThomas Wainwright\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e5 European Mortgage Markets Before and After the Financial Crisis 120\u003cbr\u003e \u003ci\u003eManuel B. Aalbers\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e6 The Reinvention of Banking and the Subprime Crisis: On the Origins of Subprime Loans, and How Economists Missed the Crisis 151\u003cbr\u003e \u003ci\u003eGary A. Dymski\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart III Cities, Race, and the Subprime Crisis 185\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e7 Redlining Revisited: Mortgage Lending Patterns in Sacramento 1930–2004 187\u003cbr\u003e \u003ci\u003eJesus Hernandez\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e8 The New Economy and the City: Foreclosures in Essex County New Jersey 219\u003cbr\u003e \u003ci\u003eKathe Newman\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e9 Race, Class, and Rent in America’s Subprime Cities 242\u003cbr\u003e \u003ci\u003eElvin Wyly, Markus Moos, and Daniel J. Hammel\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart IV Conclusion 291\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e10 Subprime Crisis and Urban Problematic 293\u003cbr\u003e \u003ci\u003eGary A. Dymski\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eGlossary\u003c\/i\u003e 315\u003c\/p\u003e \u003cp\u003e\u003ci\u003eIndex\u003c\/i\u003e 324\u003c\/p\u003e","brand":"John Wiley and Sons Ltd","offers":[{"title":"Default Title","offer_id":49408391774551,"sku":"9781444337761","price":54.0,"currency_code":"GBP","in_stock":false}],"url":"https:\/\/bookcurl.com\/products\/subprime-cities-9781444337761","provider":"Book Curl","version":"1.0","type":"link"}