ABSTRACT
At varying times, from the mid-1970s through to the early 1980s, virtually every advanced capitalist country experienced a collapse in its housing output. Unlike previous post-war house-building cycles, it was obvious that this particularly dramatic slump was not a temporary setback. The world of housing production was about to change. Output would recover, at least partially, from the depths of recession, but it would be produced under different forms of provision.
