Home Owners in Negative Equity
Policy Press
Published on 3. November 1994
Book
Paperback/Softback
49 pages
978-1-873575-77-2 (ISBN)
Description
Falling house prices in Britain have left over a million householders experiencing the problem of negative equity, with their outstanding mortgages greater than the current value of their homes. This report provides detailed evidence of the characteristics and housing market behaviour of households in negative equity. Drawing on a social survey of 1200 homeowners in Bristol, Luton and Glasgow, it examines the types of homes affected, the effect on family lives, the circumstances that brought their present situation about, and the strategies that are being employed to cope with the problem. The report concludes with a discussion of the policy implications and options for helping those who have been affected.
More details
Language
English
Place of publication
Bristol
United Kingdom
Target group
College/higher education
Professional and scholarly
Illustrations
18tabs.
Dimensions
Height: 297 mm
Width: 210 mm
ISBN-13
978-1-873575-77-2 (9781873575772)
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Schweitzer Classification