We employ the propensity score matching approach to investigate household access to mortgages in the UK using information on 29,732 households between 2003 and 2010. We find that, on average, the probability of obtaining a mortgage is similar for White and Non-White households. However, we find that Black households with low incomes are less likely to have mortgages compared to White households with similar characteristics. Asian households, in contrast, do not seem to have a lower probability of having a mortgage.
|Number of pages||23|
|Journal||Journal of Financial Services Research|
|Early online date||11 Apr 2016|
|Publication status||Published - 1 Dec 2017|
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- Department of Accounting, Finance and Economics - Professor and Head of Department
- Huddersfield Business School
- Northern Productivity Hub
- Centre for Biomimetic Societal Futures