Abstract
During the 1880s, a massive speculative boom occurred in the Roman real estate market. Its subsequent crash left a lasting mark on the structure of the city and triggered a nationwide banking crisis. This article analyses the causes of this boom and bust by showing how a small but cohesive lobby managed to bypass and bend to its own advantage formal regulation by exploiting institutional conflicts and political divisions at both national and local level.
Original language | English |
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Pages (from-to) | 471-489 |
Number of pages | 19 |
Journal | Urban History |
Volume | 39 |
Issue number | 3 |
DOIs | |
Publication status | Published - 2012 |