Income Multiples and Mortgage Potential
In this paper we examine the potential of council tenants and private-sector renters in England to become owner-occupiers, using data from the 1988 General Household Survey (GHS). Methods pioneered by Littlewood in her analysis of data from the 1978 GHS are applied in this paper. A sensitivity analysis is also presented which shows the impact of different loan to income ratios on the ability of council and private-sector tenants to buy a dwelling. Finally, we consider the impact of the right to buy discounts on the ability of council tenants to buy their homes.
Year of publication: |
1994
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Authors: | McLaverty, Peter ; Yip, Ngai Ming |
Published in: |
Urban Studies. - Urban Studies Journal Limited. - Vol. 31.1994, 8, p. 1367-1376
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Publisher: |
Urban Studies Journal Limited |
Saved in:
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