Property Boom and Banking Bust is a new book authored by Prof Colin Jones (Heriot Watt University), Prof Edward Trevillion (Heriot Watt University) and Stewart Cowe (formerly of Scottish Widows Investment Partnership) which examines the role of commercial lending in the bankruptcy of banks following the global financial crisis of 2007/2008.The book analyses the critical role commercial property investment played in the economic boom and bust during the global financial crisis. The unprecedented financial boom stretching from the mid-1990s through 2008 ultimately led to the deepest recession in modern times and one of the slowest economic recoveries in history. It also resulted in draconian austerity policies that have swept across Europe in recent years. The book offers an insight into the complex property market dynamics that contributed to the great financial crisis of 2008 and its devastating economic consequences. It is the first book to focus on a woefully underreported dimension of the crisis – the significant role that lending on commercial property played in the crisis. It also explores the philosophical and behavioural factors that propelled irresponsible bank lending and the property boom; how it led to the downfall of the banks; the impact of the credit crunch on the real estate industry and the catastrophic effects the property bust had on property investors, both large and small and how financial institutions have sought to recover in the wake of the financial crisis.