OverviewAn unprecedented flow of financial capital into the commercial and housing markets has revolutionized real estate both in the United States and globally. Learn how and why this happened and what the long-term effects will be. Topics include: sources of capital; the impacts on housing markets, affordable housing, and commercial property markets; changes that could affect the flow of capital; and a prediction for the future.
Reviews"Timely, considering the dramatic slump in the American housing market and the global credit crunch." —Planning magazine
Author BiographyAnthony Downs is a senior fellow at the Brookings Institution and has served as a consultant to many of the nation's largest corporations, major developers, and government agencies at all levels including the White House. He has a Ph.D. in economics from Stanford University and is a widely published author.