Real Estate 4 Ransom

Real Estate 4 Ransom takes a critical look at property speculation. While some of the views are 'interesting' it is natural to see why property speculation has an even worse name than ever, given the impact it had in bringing about the global financial crisis. Indeed in the US the real estate price bubble in the mid 2000's directly contributed to the fallout of the credit crisis. But it's not just the US, many developed countries got caught up in massive speculative property bubbles e.g. Spain. Property speculation also hits home with first home buyers coming under pressure with housing affordability virtually a perennial issue. Worth viewing in an economic and policy context, as well as a global financial crisis context.


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