A few home truths

Article Abstract:

The Bank for International Settlements' report on global housing prices reveals that the broad real estate market upturn in the 1980's is over in most countries. Real estate prices in London, New York, Sydney, and Toronto have fallen by over 25% from their highest 1980's levels.

International aspects, Real estate industry, Home ownership

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Down and out: homelessness is one of America's most visible social ills; can economics offer ways to cure it?

Article Abstract:

Scholars Christopher Jencks and Brendan O'Flaherty have contrasting arguments on the cause of increasing homelessness in the US. Jencks blames it on noneconomic factors such as crack cocaine and the closing of mental hospitals. O'Flaherty blames it on the low housing market.

Criticism and interpretation, Homelessness, Jencks, Christopher, O'Flaherty, Brendan

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Curing the NHS's ills

Article Abstract:

The NHS is undergoing a ground-up review that includes splitting the agency's internal markets. But those measures are unlikely to end the fundamental problem of demand outpacing spending. The growing aging population of Britain is cause for further pessimism.

United Kingdom, Management, Social policy, United Kingdom. National Health Service, Health services administration

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