Financial resilience and security: examining the impact of falling housing markets on low income homeowners in Northern Ireland

Date published: 05 May 2014

  • Author: Alison Wallace, Anwen Jones and David Rhodes
  • Publication Date: May 2014

 

Details

This research considers the significant fall in house prices that homeowners in Northern Ireland experienced following the financial crisis that unfurled from 2007/8. Specifically, the research considered what the loss of housing equity has meant for (low income) homeowners in the region, following a period when research suggested that housing equity had become increasingly important to households finances.

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