INVESTMEN DIVERSION AND EQUITY RELEASE: THE MACROECONOMIC CONSEQUENCES OF INCREASING PROPERTY VALUES?.

EVANS, ALAN W.

URBAN STUDIES, n.º 2/1991, pág. 173

1. Introduction. 2. The Origins of the InvestmentìDiversion Argument. 3. Some Terminology. 4. The SavingsìDiversion or Equity Release Argument. 5. Saving,ìInvestiment, and the Value of Real Property. 6. PortfolioìEffects and Financing Expenditure. 7. Investment Diversionìand the British Economy. 8. Conclusions.