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London 1970 - 1976: A case study into Real Estate Market Cycles


Books & Articles in Books

Goodhart, C. The historical pattern of economic cycles and their interaction with asset prices and financial regulation. In Asset Price Bubbles: The Implications for Monetary, Regulatory, and International Policies, MIT press, 2003: 467-80.

Herring, R, and S. Wachter. Bubbles in real estate markets. In Asset Price Bubbles: The Implications for Monetary, Regulatory, and International Policies, MIT press, 2003: 217-230.

Kindleberger, Charles P., and Robert Z. Aliber. Manias, panics and crashes: a history of financial crises. Palgrave Macmillan, 2011. Lizieri, Colin. Towers of capital. Wiley-Blackwell, 2009.

Medhurst, John. That option no longer exists: Britain 1974-76. Zero Books, 2014.

Minsky, Hyman P. The financial instability hypothesis: Capitalistic processes and the behavior of the economy. In Financial crises: Theory, history, and policy. Cambridge University Press, 1982: 12-29.

Plender, John. That's the way the money goes: the financial institutions and the nation's savings. Andrea Deutsch, 1982.

Reid, Margaret Isabel. The secondary banking crisis, 1973-1975: Its causes and course. Macmillan, 1982.

Reinhart, Carmen M., and Kenneth Rogoff. This time is different: Eight centuries of financial folly. Princeton University Press, 2009.

Scott, Peter. The property masters: A history of the British commercial property sector. Taylor & Francis, 2013.

Journal Articles

Allen, Franklin, and Douglas Gale. Bubbles and crises. The Economic Journal 110, no. 460 (2000): 236-255.

Barras, Richard. The office development cycle in London. Land Development Studies 1, no. 1 (1984): 35-50.

Barras, Richard. Property and the economic cycle: Building cycles revisited. Journal of Property Research 11, no. 3 (1994): 183-197.

Coopey, Richard, and N. W. C. Woodward, eds. Britain in the 1970s: The troubled economy. UCL Press, 1996.

Gruen, David, Michael Plumb, and Andrew Stone. How should monetary policy respond to asset-price bubbles? Reserve Bank of Australia Research Discussion Paper (2003):11.

Lambie, George. Globalisation before the crash: the City of London and UK economic strategy. Contemporary Politics 19, no. 3 (2013): 339-360.

Scott, Peter. The new alchemy: Veblen's theory of crisis and the 1974 British property and secondary banking crisis. Journal of Economic Issues (1996): 30 no.1, 1-11.

Scott, Peter, and Guy Judge. Cycles and steps in British commercial property values. Applied Economics 32, no.10 (2000): 1287-1297.

Shleifer, Andrei and Robert Vishny. Fire sales in finance and macroeconomics. Journal of Economic Perspectives, 25, no.1 (2011): 29-48.

Shiller, R. Real Estate Indicators and Financial Stability, BIS paper no.21. Proceedings of a joint conference organized by the BIS and the IMF in Washington DC, 27–28 October 2003, p347.

Other references

Medhurst, John. The myth of the 1970s. Red Pepper. October 2014. Retrieved 10 December 2015.

Sandbrook, Dominic. Why does the 1970s get painted as such a bad decade? BBC News Magazine. April 16, 2012. magazine-17703483 Retrieved 8 December 2015.

The economy of the 1970s. Economics Help. April 25, 2012. Retrieved 10 December 2015.

The Three-Day Week, Wikipedia. Retrieved 10 December 2015.