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Home Ownership in Crisis? - The British Experience of Negative Equity (Paperback)
Loot Price: R739
Discovery Miles 7 390
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Home Ownership in Crisis? - The British Experience of Negative Equity (Paperback)
Series: Routledge Revivals
Expected to ship within 12 - 17 working days
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First published in 1999, this book brings together the findings
from research projects funded by the Joseph Rowntree Foundation and
the Department of the Environment, Transport and the Regions. The
programme of research examined the problems faced by home owners
with the collapse of the property market in the late 1980s. The
book focuses on households with negative equity and uses analyzes
of secondary data sets, social surveys and in-depth interviews to
explore the implications of the fall in property values for both
households and the wider economy. In particular it examines the
kinds of coping strategies adopted by home owners in relation to
debt and mobility. Home Ownership in Crisis? thus gets beyond
aggregate estimates and offers the reader a detailed understanding
of what negative equity actually means for the individuals
concerned. Moreover, by exposing a range of circumstances in which
negative equity arises, the book also informs debates about the
kinds of policy initiatives which may be appropriate in dealing
with a more volatile economic environment in Britain and elsewhere.
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