15% increase to end negative equity
Language: English Series: Financial Times ; 4 August 1994, 16&15 | Guardian ; 4 August 1994, 17(2)Publication details: 1994Subject(s): Summary: The Joseph Rowntree Foundation in two separate reports predicts firstly that average prices in England would need to rise by 15% to eliminate negative equity and secondly that equity withdrawal will add billions of pounds to consumer spending by the end of the decade. ("Home owners in negative equity" "Mortgage equity withdrawal: causes and consequences" Joseph Rowntree Foundation).| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3030-15 (Browse shelf(Opens below)) | 1 | Available | 23673-1001 |
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The Joseph Rowntree Foundation in two separate reports predicts firstly that average prices in England would need to rise by 15% to eliminate negative equity and secondly that equity withdrawal will add billions of pounds to consumer spending by the end of the decade. ("Home owners in negative equity" "Mortgage equity withdrawal: causes and consequences" Joseph Rowntree Foundation).