Lisbon

• Autor(a) principal: Canelas, Patricia
• Data de Publicação: 2023
• Outros Autores: Alves, Sónia, Azevedo, Alda Botelho
• Tipo de documento: Relatório
• Idioma: eng
• Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
• Texto Completo: http://hdl.handle.net/10451/58433

Over the last 20 years, financialization of the housing market has become a topic of increasing public and political concern, especially in high-demand cities. It has also become an important element in academic discussion. The objective of the research was to undertake a comparative study across a range of countries with very different experiences to help understand how financialization is defined and experienced in different contexts and its relative importance as compared to other determinants of housing outcomes. Our research concentrates on 12 countries in North America, Western Europe, Australasia and parts of Asia, plus the city of Hong Kong. These countries were chosen to reflect a variety of relevant experience but also because each has a strong academic community analysing housing and urban systems and the development of financial markets. Within these countries, we identified cities where financialization of housing has been seen as particularly relevant. Hong Kong was included as an important Asian housing market.