Friday 13 November 2009 13.00

Venue: Oxford Barnett House, 32 Wellington Square, Violet Butler Lecture Room

Organised by Oxford University

Speaker: Professor Geoff Meen ( Professor Applied Economics, University of Reading )

Since the international collapse of house prices in 2007, a very large volume of research output and comment has been published. However, there is still considerable disagreement on some of the most basic aspects of the causes, including the role of mortgage markets. The most important differences are between those who consider the boom and slump to be the result of a bubble and others who believe that market volatility can be explained in terms of more fundamental housing market influences. The international literature finds contradictory results. Although not denying the possibility of a bubble, this presentation argues that commentators have been too quick to assume that a bubble occurred, when standard housing models produce similar outcomes.

Do come along - sandwiches will be provided to eat while you listen!

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