The Ashden Awards were founded in 2001 to promote the work links of london necklaces innovative projects in the field of sustainable energy."We use household panel data to explore the link between changes in house prices Links of London Y Charm household indebtedness (both secured on housing assets and unsecured) in the United Kingdom," scientists in London, the United Kingdom report. "We show that households Links of London Z Charm are borrowing-constrained by a lack of housing equity as collateral make greater use of unsecured debt such as credit cards or personal loans. In response to rising house prices, which relax this constraint, such households are more likely to refinance and to increase their indebtedness relative to unconstrained households," wroteLinks of London V Charm and colleagues, University of Nottingham. The researchers concluded: "However, for most households, house price movements appear to have little impact on indebtedness." Disney and colleagues published their study in Economica (House Price Shocks and Household Indebtedness in the United Kingdom.Economica).
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