Investment diversion and equity release: the macroreconomic consequences of increasing property values
Language: English Series: Urban Studies ; 28(2) April 1991, 173-182 (10)Publication details: 1991Subject(s): Summary: Rejects two theories on the effect of rising house prices on the manufacturing sector and illustrates that rising property values increase consumption as property owners believe their wealth has increased through rises in the value of their property.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS44417 (Browse shelf(Opens below)) | 1 | Available | 46988-1001 |
Browsing London shelves, Shelving location: Journal article Close shelf browser (Hides shelf browser)
Rejects two theories on the effect of rising house prices on the manufacturing sector and illustrates that rising property values increase consumption as property owners believe their wealth has increased through rises in the value of their property.