An Investigation of Housing Affordability in the UK Regions

Montagnoli, Alberto and Nagayasu, Jun (2013) An Investigation of Housing Affordability in the UK Regions. Discussion paper. University of Strathclyde, Glasgow.

Preview

Text. Filename: Montagnoli_Nagayasu_2013_An_investigation_of_housing_affordability_in_the_uk_regions.pdf Final Published Version Download (416kB)| Preview

Abstract

The housing market has been extensively investigated in the literature; however there is a lack of understanding of the fundamentals affecting housing affordability across UK regions as measured by the price to income ratio. The aim of this paper is twofold; firstly we calculate the affordability ratio based on individuals’ incomes. Second we set off to ask which socioeconomic factors could affect this ratio. The analysis finds a strong influence coming from the mortgage rate, the residents’ age and academic qualifications. We also report a positive and significant effect from foreign capital coming to the UK. Finally, we record a non-negligible degree of heterogeneity across the twelve regions.

• Share and Export
  

  RDF+XMLBibTeXRIOXX2 XMLRDF+N-TriplesJSONDublin CoreAtomSimple MetadataReferMETSHTML CitationASCII CitationOpenURL ContextObjectEndNoteOpenURL ContextObject in SpanMODSMPEG-21 DIDLEP3 XMLData Cite XMLRIS (EndNote Online, Zotero, Ref manager, etc)RDF+N3Multiline CSV
• Item metadata

  Item type:	Monograph(Discussion paper)
  ID code:	68099
  Dates:	Date Event 20 August 2013 Published
  Notes:	Published as a paper within the Discussion Papers in Economics, No. 13-16 (2013)
  Subjects:	Social Sciences > Economic Theory
  Department:	Strathclyde Business School > Economics
  Depositing user:	Pure Administrator
  Date deposited:	29 May 2019 10:50
  Last modified:	15 Nov 2024 14:26
  Related URLs:	Publisher
  URI:	https://strathprints.strath.ac.uk/id/eprint/68099