Is there a role for shared equity products in twenty-first century housing? Experience in Australia and the UK
The Blackwell Companion to the Economics of Housing will help students and professionals alike to explore key elements of the housing economy: home prices, housing wealth, mortgage debt, and financial risk. Features 24 original essays, including an editorial introduction and three section overviews Includes 39 world-class authors from a mix of educational and financial organizations in the UK, Europe, Australia, and North America Broadly-based, scholarly, and accessible, serving students and professionals who wish to understand how today's housing economy works Profiles the role and relevance of housing wealth; the mismanagement of mortgage debt; and the pitfalls and potential of hedging housing risk Key topics include: the housing price bubble and crash; the subprime mortgage crisis in the US and its aftermath; the links between housing wealth, the macroeconomy, and the welfare of home-occupiers; the mitigation of credit and housing investment risks Specific case studies help to illustrate concepts, along with new data sets and analyses to illustrate empirical points
| Item Type | Chapter |
|---|---|
| Copyright holders | © 2010 Blackwell Publishing Ltd. |
| Keywords | role for shared equity products in 21st century housing, Australia and the UK experience, traditional housing markets, equity in homes held by single individuals, range of shared equity and shared ownership products, Australia and the UK, rationale for shared equity and product attributes, shared equity and shared ownership, majority of shared equity products in the form of mortgages, owner-occupation with risks of price variation, shared ownership products - benefits for all relevant stakeholders, government sponsored developments in Australia and the UK, shared equity - as instruments to help owner-occupiers in financial difficulty |
| Departments |
Economics Urban and Spatial Programme |
| DOI | 10.1002/9781444317978.ch20 |
| Date Deposited | 18 Jun 2012 16:18 |
| URI | https://researchonline.lse.ac.uk/id/eprint/44402 |