This book uses empirical research to examine fluctuations and periodicities in housing markets in the United Kingdom. Chapters investigate received wisdom on ho

The global economic crisis of 2008 was precipitated by a housing market crash, thus highlighting the destabilizing influence of the property cycle upon the wide

This paper investigates the importance of housing price and quantity variables in the UK business cycle since the mid 1950s. We start with a baseline Markov-swi

This Selected Issues paper focuses on the housing and business cycles in the United Kingdom. The UK housing cycle is highly volatile as a result of tight housin

This paper analyzes the duration of house price upturns and downturns in the last 40 years for 19 OECD countries. I provide two sets of results, one pertaining