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Households have been coping remarkably well with high housing costs, but interest rate rises lurk just around the corner

Gardiner, Laura (2014) Households have been coping remarkably well with high housing costs, but interest rate rises lurk just around the corner. British Politics and Policy at LSE (10 Dec 2014). Blog Entry.

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Abstract

How do different households cope with housing costs? Laura Gardiner summarises new research which highlights the resilience and ingenuity of modest income families in mitigating housing affordability challenges. But the eventual rise in interest rates will spell trouble for many. In London for example, even with a combination of strategies in place, modest income families are likely to have to spend at least half of their income on rent or mortgage payments, leaving little left over for other essentials.

Item Type: Online resource (Blog Entry)
Official URL: http://blogs.lse.ac.uk/politicsandpolicy
Additional Information: © 2014 The Author(s) CC BY-NC-ND 3.0; Online
Divisions: LSE
Subjects: H Social Sciences > HG Finance
H Social Sciences > HM Sociology
H Social Sciences > HN Social history and conditions. Social problems. Social reform
J Political Science > JF Political institutions (General)
J Political Science > JN Political institutions (Europe) > JN101 Great Britain
Sets: Collections > British Politics and Policy at LSE
Date Deposited: 03 May 2017 07:35
Last Modified: 18 Apr 2019 23:14
URI: http://eprints.lse.ac.uk/id/eprint/75093

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