Subprime Cities: The Political Economy of Mortgage Markets

Subprime Cities: The Political Economy of Mortgage Markets presents a collection of works from social scientists that offer insights into mortgage markets and the causes, effects, and aftermath of the recent 'subprime' mortgage crisis.

• Provides an even-handed and detailed analysis of mortgage markets and the recent housing crisis
• Features contributions from various social scientists with expertise in critical social theories who have assembled and analyzed detailed empirical information
• Offers a unique and powerful rebuttal to many of the misleading popular explanations of the crisis and its aftermath
• Reveals how racial minorities and the neighbourhoods inhabited by them are more likely to be targeted by subprime and predatory lenders

Keywords: Urban Politics, financial crisis, housing bubble, banking crisis, lenders, subprime mortgages, urban development