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

Auteur(s) et Affiliation(s)



Description :
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.


Type de document :
Article de périodique

Source :
Urban studies (Harlow), issn : 0042-0980, 2014, vol. 51, n°. 2, p. 371-389, nombre de pages : 19, Références bibliographiques : 2 p.

Date :
2014

Editeur :
Pays édition : Royaume-Uni, Harlow, Longman Group