The following information was submitted:
Transactions: WSEAS TRANSACTIONS ON BUSINESS AND ECONOMICS
Transactions ID Number: 88-394
Full Name: Milena Lopreite
Position: Ph.D. Candidate
Age: ON
Sex: Female
Address: Pietro Bucci Bridge
Country: ITALY
Tel: 3491092564
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E-mail address: milena.lopreite@unical.it
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Title of the Paper: Housing Market and Financial Crises
Authors as they appear in the Paper: Milena Lopreite,Antonio Scarpino
Email addresses of all the authors: milena.lopreite@unical.it,antonioscarpino@yahoo.it
Number of paper pages: 10
Abstract: In times when the financial and economic crisis is experimented after the Great Depression, this event has had serious consequences on the real estate sector and consequently on very vast urban areas. The process of the "urbanised reutilization" that has produced the contemporary city began quickly there. The city changed in consequence of the market and it is the same market that redefined the terms of the interventions ex-post. After subprime loans market crash where it was thought to have endless possibilities of growth, are we able to define the consequences that the crisis will have on the post-contemporary cities of Europe? Is it possible to foresee sceneries or visions of intervention and try to identify models of development without excessive waste of resources? We can start analyzing the cases that have before others restarted to go up the economic cycle again, and verify how this affected the processes of transformation of the post-contemporary city.
Keywords: housing market, economic cycle, business, panic, animal spirits, urbanization
EXTENSION of the file: .doc
Special (Invited) Session: The relationship between housing market and the financial crisis
Organizer of the Session: 646-757
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