This timely book addresses key challenges faced by policy makers and the house-building industry in a post-credit crunch world. It examines the implications for households, the housing market, the economy, as well as for government's policy choices. It brings together experts from around the world to examine recent housing market trends. The contributions reveal common long-term trends in housing markets worldwide. This is an essential advanced text for students and researchers of land economy and land management; property and real estate; housing policy; and urban studies.