Niagara of Capital
Niagara of Capital

Niagara of Capital

How Global Capital Has Transformed Housing and Real Estate Markets


192 Pages, 8 x 10

Paperback, $29.95 (US $29.95) (CA $32.95)

Publication Date: October 2007

ISBN 9780874209990

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An 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.


"Timely, considering the dramatic slump in the American housing market and the global credit crunch." —Planning magazine

Author Biography

Anthony 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.