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Books > Law > Laws of other jurisdictions & general law > Private, property, family law > Contract law
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Consumer Vulnerability and Welfare in Mortgage Contracts (Hardcover)
Loot Price: R3,052
Discovery Miles 30 520
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Consumer Vulnerability and Welfare in Mortgage Contracts (Hardcover)
Expected to ship within 12 - 17 working days
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This book advocates a new way of thinking about mortgage contracts.
This claim is based on the assumption that we currently live in a
political economy in which consumer debt fulfils a social function.
In the field of housing this is evidenced by the expansion of
mortgage credit through which consumers are to purchase residential
property as a means of social inclusion and personal welfare. It is
suggested that contract law needs to adjust to this new social
function in order to avoid welfare losses in terms of default,
over-indebtedness, and possibly eviction. To this end, this book
analyses theoretical contract law frameworks and makes concrete
proposals for contract law in the EU legal order.
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