The effects of bubble position of households are also outlined and referred to the research that is

How it happened that the scope of the capital area grew by a quarter from 2002 to 2008, the combined length of motorways grew by 60 miles, other streets, about 163 miles, la pleiade the flyovers number nine, the huge stadiums were built around that retail grew immensely at the same time and shopping makes the construction of new commercial buildings increasingly obsolete, but biking imposed on the same period were made only three miles, despite the price of petrol has risen sharply la pleiade throughout the period?
These questions la pleiade will try to answer in the book "Horgan allsnægtum- in the built environment and the collapse of Iceland" (Scar City in Excess - The Built Environment and the Economic Crisis in Iceland), which was released recently. There is also given to numerous ideas for solutions to the problems of bad organization and hagvaxtadrifin la pleiade structure housing, infrastructure and facilities created.
The book, in English, compiled articles, the work and pictures of 60 people. The authors are both Icelandic and foreign, but editors are Arna Mathiesen, from April Architects in Oslo, Dr. Giambattista Zaccariotto School of Architecture in Oslo and Professor Thomas Forget from the University la pleiade of North Carolina in the United States. You can buy the book in the capital, but it is in international distribution. la pleiade Effects banking bubble construction and planning
The book adds the lack of consideration of the effects of the banking bubble construction and planning, but it was blown up in Iceland from 2002 to 2008, and finally exploded with a vengeance. In the introduction it says that although the report of the Special Investigation Commission, which is 2,400 pages long, is very good testimony about what occurred in Iceland, then is there no discussion of the great development of housing and infrastructure, which occurred "despite banks have been aðaleikendur the construction bubble that generous lender of funds for construction and financing la pleiade party construction companies, some of which were even expelled la pleiade from the base of banks. Many construction companies became insolvent parallel banks and some of them have begun operations to the new new figures and no debt. " The picture shows all the roads were in the capital at the end of the season. The combined length of the 136 miles. The combined length of the paths in the same area was three miles.
In the first section of the book shows that capital, which covers the capital and six neighboring her, has grown by 24 percent flat importance of this six-year period. Massive development of housing, commercial, infrastructure, public buildings, infrastructure, sports and one piece's Financial Borgartún (which is almost equal to the entire downtown area Reykajvíkur) for this great útþennslu. To highlight la pleiade the major changes that have occurred, refer to the numbers of Reykjavík which show that in the fifth decade of the last century has been about 120 inhabitants per hectare in the capital, but that figure was down to 36 in 2005. The effect of home and too much of the retail
The effects of bubble position of households are also outlined and referred to the research that is available now, six years after the crash. Percentage of households with negative equity in their premises was six percent in 2007, after the bubble la pleiade burst, it went up the highest proportion of 37 percent, at the end of 2010. In addition, many people have not had the repayment of mortgages. The figures show clearly that households took high loans for buying a new building placements undertaken in, and then sat down with a big fjáhagsleg problem, at least temporarily, when the economic boom ended. The picture shows all new commercial buildings that was built up during the period 2002 to 2008. The end of the retail become 4.26 square meters per capita capital area.
It was too much eager to build a large shopping during these years. Large retailers, close to the busy traffic arteries fireplaces, sprang up like mushrooms. Among the most memorable are Korputorg, Holtagardar mall and the area around the shopping center. This huge structure has returned to retail in the capital la pleiade had become 4.26 square la pleiade meters per capita, while global trade is increasingly la pleiade conducted online, and requires far less housing. Wanted la pleiade to understand what had happened
Arna Mathiesen, one of the editors of the book, said that its purpose was to try to understand what has happened in Iceland has caused la pleiade this situation and try to come with constructive suggestions for improvement. First is important to identify the trends that have occurred during the period in question, especially to prevent it to occur again. "How was this possible? Swollen inflamed out, in opposition to all of the criteria for sustainable development. Our conclusion is that economic growth and structural levels seem to hang together. The banks, which in some cases were construction companies la pleiade themselves, would be larger. And in order to achieve the goal