The Sociology and Geography of Mortgage Markets: Reflections on the Financial Crisis

Abstract

This is not, as some may interpret it, a clash between quantitative and qualitative methods.Although clean models are generally very quantitative (and often have to do more with mathematics than with statistics), not all quantitative work fits the idea of clean models.Indeed, a lot of sociologists and geographers have been getting dirty hands by presenting both quantitative and qualitative research on issues like redlining and predatory lending.Many of them, in particular in the US, have also got involved with local communities and the wider national community reinvestment movement (e.g.Squires, 1992).Among the various non-economists that have worked on mortgage markets, the work of David Harvey from the late 1970s and early 1980s is probably best known (e.g.Harvey, 1977; 1985).It forms part of a broader interest among sociologists, geographers, political scientists and urban planners in redlining and related forms of discrimination in A first draft of this introduction was written while the author was a postdoctoral researcher at the Center for Sustainable Urban Development at Columbia University, New York.The guest editor of the 'Symposium on The Sociology and Geography of Mortgage Markets' would like to thank the editors of this journal for making this symposium possible.Four referees have provided useful comments that have significantly improved

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