Home Ownership in Crisis?: The British Experience of Negative Equity

by Ray Forrest, Patricia Kennett, Philip Leather

Funded by the Joseph Rowntree Foundation, this book comes from a programme of work on Housing and the Wider Economy. The focus of this book is on the negative equity aspect of the program. It aims to get beyond aggregate estimates and gain a more detailed understanding of what the term actually means for individual households. By showing a range of circumstances in which negative equity arises, the intention is also to inform debates about the kind of policy initiatives which may be appropriate.

135 pages, Hardcover

First published March 1, 1999