International Housing Comparisons (Susan Wachter) REAL236-401 2012A Prequisites: ECON 1, ECON 2, FNCE 101 Spring 2012
Description This course focuses on developing international comparisons of housing finance systems and housing market outcomes. This includes comparative analyses of the economic factors that underlay housing market differences and similarities. Changing housing market institutions and policies in previously socialist economies and newly emerging countries are examined. The course also addresses the implications of the ongoing integration of global financial markets for national housing markets. International speakers present their views on institutional innovations and the policy setting process in their respective markets. Various approaches to understanding these issues are used, including readings, written assignments, and group projects.