Social and Behavioral Sciences Commons^™

Banking On Housing; Spending The Home, Susan J. Smith, Beverley A. Searle, Nicole T. Cook

Faculty of Social Sciences - Papers (Archive)

British mortgagors hold more wealth in their homes than ever before. They are spending more freely from these assets now than they are likely to again. 'Banking on housing' is concerned with when, where, why and how people choose and use their mortgages to roll equity out of housing and into other things. It is a study of the consumption of housing, the consumption of mortgages, and the use of housing wealth in consumption more broadly.