By Peter Ambrose
“No Place Like Home” – an introduction to Z2K Housing Review
- part 1: Why housing is so important
- part 2: What has gone wrong – the evidence
- part 3: Why has it gone wrong – the reasons
- part 4: The main lessons – and how to do it better
This is the final video of “No Place Like Home”, the four-part film introduction to Z2K Housing Review. Continue reading
by Peter Ambrose
“No Place Like Home” – an introduction to Z2K Housing Review
- part 1: Why housing is so important
- part 2: What has gone wrong – the evidence
- part 3: Why has it gone wrong – the reasons
- part 4: The main lessons – and how to do it better
We saw in Part 2 that many of the loan and mortgage products developed by financial institutions in recent years have been very complex and have used the mathematics of gambling. Continue reading
By Peter Ambrose
“No Place Like Home” – an introduction to Z2K Housing Review
Andy explains that the mathematics behind the derivatives and other complex financial products that have helped to fuel the crisis are based on the mathematics of gambling devised centuries ago. So the investment behaviour of major City institutions in recent decades, as they have invested the funds on which the future health and welfare of millions depends, has been in effect one big profit-driven gamble. Continue reading
The four-part film ‘No Place Like Home’ forms an introduction to the Review. This film grows out of, and adds to, the structural analysis and critique of housing policy contained in the Z2K Memorandum to the Prime Minister on Unaffordable Housing.
The review will be published quarterly with a first edition in April 2009. It will contain up to date information, comment, discussion and proposals from experts, policy makers, academics and professionals in the field of housing. The ambition is to create a dynamic locus for debate that will provide decision makers with informed choices and that will encourage more holistic and strategic thinking about housing policy development than has been evident in recent decades. It will also be a resource for those studying housing issues at FE and HE levels.” Continue reading