Non‐Price Barriers to Home Ownership*
作者:
SARAH MALE,
期刊:
Economic Record
(WILEY Available online 1988)
卷期:
Volume 64,
issue 1
页码: 26-38
ISSN:0013-0249
年代: 1988
DOI:10.1111/j.1475-4932.1988.tb02037.x
出版商: Blackwell Publishing Ltd
数据来源: WILEY
摘要:
The impact of regulation of the nominal rate of interest for mortgages in the Australian market for housing finance is examined under inflationary conditions. It is argued that the neglected distributional consequences of the induced tightening of non‐price rationing of funds militate against the availability of housing finance to low income groups and first home buyers. Policy to increase availability should take account of the institutional features of the mortgage contrac
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