IGB

Connexion

(Article of periodic en Anglais - 2014)

Document title

The socioeconomic impact of shared appreciation mortgages on borrowers : empirical evidence from South Australia

Authors(s) and Affiliation(s)

MIHAYLOV G. (1) ; ZUBRUEGG R. (1) ;
(1) Business School, Univ., Adelaide, AUSTRALIE

Abstract

This article analyses the socioeconomic impact of shared appreciation mortgages (SAM) on borrowers through empirical evidence from South Australia. To do so, it examines a dataset of low-income SAM-financed households and finds that they benefit from increased budgetary expenditure on discretionary items following take-up, while simultaneously saving on some non-discretionary items. Furthermore, SAM homeownership also seems associated with increased borrower levels of neighbourhood satisfaction and commu-nity involvement.

Source

Article of periodic

published at : Urban studies / ISSN 0042-0980

Editor : Longman Group, Harlow - ROYAUME-UNI (1964)

Millesime : 2014, vol. 51, no2 [pp. 371-389]

Bibliographic references : 2 p.

Collation : 1 fig., 4 tabl.

Language

Anglais

Digital Object Identifier

Go to electronic document thanks to its DOI : doi:10.1177/0042098013489744

Tous droits réservés © Prodig - Bibliographie Géographique Internationale (BGI), 2014
Refdoc record number (ud4) : 28164127 : Permanent link - XML version
Powered by Pxxo