LSE public discussion
Date: Monday 13 July 2009
Venue: Hong Kong Theatre, Clement House
Speakers: Dr André Broome, Professor Herman Schwartz, Professor Leonard Seabrooke, Professor Mat Watson
Chair: Dr Jeffrey Chwieroth
Residential property is the single largest asset in people's everyday lives and its associated mortgage debt constitutes one of the biggest financial assets in most economies. Yet political economy largely ignores both. We know that the kind of housing people occupy and their level of debt affects their preferences for the level of public spending, taxation, and inflation. Housing is intimately tied to welfare systems and can be seen as a social right or as a means to acquire wealth over one's life. Housing systems are built from political struggles over the distribution of welfare and wealth. The organization and transformation of housing finance systems affects both national economies and international financial stability.
This public event provides a brief presentation and a discussion of these concerns following the release of Herman Schwartz and Leonard Seabrooke's edited collection The Politics of Housing Booms and Busts (Palgrave, 2009) and Herman Schwartz's Subprime Nation (Cornell University Press, 2009). The event will offer insights and reflections on the role of housing within the UK economy and its importance for the international financial system, including attempts to regulate how housing assets are considered within financial regulation. Speakers will include Herman Schwartz (University of Virginia), Leonard Seabrooke (University of Warwick), Mat Watson (University of Warwick), and André Broome (University of Birmingham).
This event is free and open to all with no ticket required. Entry is on a first come, first served basis. For more information, email firstname.lastname@example.org or phone 020 7955 6043.
Media queries: please contact the Press Office if you would like to reserve a press seat or have a media query about this event, email email@example.com or call 020 7955 7060.
Podcast & Slides
A podcast of this event is available to download from the LSE public lectures and events podcasts channel.
A copy of Professor Herman Schwartz and Professor Leonard Seabrooke's PowerPoint presentation can now be downloaded: Housing Markets and the Global Financial Crisis (pdf)
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