Coping strategies, housing careers and households with negative equity

Research output: Journal Publications and ReviewsRGC 21 - Publication in refereed journalpeer-review

22 Scopus Citations
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Author(s)

Detail(s)

Original languageEnglish
Pages (from-to)369-394
Journal / PublicationJournal of Social Policy
Volume25
Issue number3
Publication statusPublished - Jul 1996
Externally publishedYes

Abstract

The prolonged and pervasive recession in the UK property market has produced significant numbers of households with unsecured housing debt - negative equity. These homeowners are typically recent, firsttime buyers and are concentrated in the southern core regions of Britain. Various aggregate estimates exist of the numbers of households with unsecured debt and the amounts of money involved; little is known, however, about individual experiences of negative equity. Here, in-depth interview data are drawn on to explore the different strategies adopted by households in varying social and financial circumstances. Findings are related to more general changes in housing market behaviour and to broader theoretical debates about the growth of home ownership.

Citation Format(s)

Coping strategies, housing careers and households with negative equity. / Forrest, Ray; Kennett, Tricia.
In: Journal of Social Policy, Vol. 25, No. 3, 07.1996, p. 369-394.

Research output: Journal Publications and ReviewsRGC 21 - Publication in refereed journalpeer-review