More than five years ago, the collapse of overinflated housing markets brought the global economy to its knees. Though some countries are still struggling to recover, the bubbles are back in others. Here are 5 of the world's largest housing bubbles.
Oct 27, 2013 Quartz
According to economist Christopher Thornberg, sky-high housing prices in California indicate a state suffering from an acute housing shortage. In an op-ed for the LA Times, he argues that local interest groups and "populist politicians" are to blame.
Jul 17, 2013 Los Angeles Times
While it may not have the world's highest absolute property values, Beijing has the highest imbalance between housing prices and incomes. Gwynn Guilford examines why this is problematic for the country's economic and social wellbeing.
Jul 2, 2013 Quartz
As we've heard recently, home prices are on the rise throughout the United States. New research from Jed Kolko shows that increases are particularly acute in areas with high rises, multi-family housing, and a diversity of residents.
Jun 25, 2013 The Atlantic Cities
The nationwide rebound in housing prices has been treated as welcome news. But should we be celebrating the growing presence of large investment firms in our communities, often at the expense of the ordinary buyer?
Jun 5, 2013 The New York Times
According to a new study by the National Bureau of Economic Research, historical biases lead to minority homebuyers paying an average of 3.5 percent more for their homes than whites, reports Matt Bevilacqua.
Apr 25, 2013 Next City
David Moser pens a compelling essay that examines the ways in which sprawling auto-dependent land use patterns exacerbate poverty. As more low-income individuals and families are pushed to the suburbs, "this problem is gaining urgency."
Mar 13, 2013 Citytank
High cost of living and lack of jobs are driving urban populations out of cities, and simply increasing density requirements might not be enough to reverse the trend, argues Jim Russell.
Feb 19, 2013 Sustainable Cities Collective
In Sydney, "the most unaffordable housing market in the English- speaking world", sky-high housing prices are driving residents priced out of the suburbs into apartments downtown, reports Nichola Saminather.
Jan 19, 2013 Bloomberg
The long-awaited recovery of America's housing market, after six years of decline, seems to be gaining traction, with the latest data indicating increasing prices in hard-hit cities like Miami, Atlanta, and Detroit.
Aug 29, 2012 The New York Times