Ethnic minorities' access to mortgages in the UK: the undesirable impact of the Great Financial Crisis

Deku, S.Y. ORCID: 0000-0003-1579-8708, Kara, A., Smith, K. and Xia, M., 2021. Ethnic minorities' access to mortgages in the UK: the undesirable impact of the Great Financial Crisis. Finance Research Letters: 102183. ISSN 1544-6123

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Abstract

We examine whether households from ethnic minorities have the same ability to access mortgages in the UK in the period after the Great Financial Crisis (GFC) of 2007-2009. Using a large sample of 20,121 households, we find that Black households are less likely to obtain mortgages in comparison to economically similar White households. Comparing our results to previous studies’ findings, we argue that Black households’ inability to access mortgages have deteriorated further in the post-GFC period.

Item Type: Journal article
Publication Title: Finance Research Letters
Creators: Deku, S.Y., Kara, A., Smith, K. and Xia, M.
Publisher: Elsevier
Date: 29 May 2021
ISSN: 1544-6123
Identifiers:
NumberType
10.1016/j.frl.2021.102183DOI
1441949Other
Divisions: Schools > Nottingham Business School
Record created by: Jeremy Silvester
Date Added: 11 Feb 2022 10:31
Last Modified: 11 Feb 2022 11:19
URI: http://irep.ntu.ac.uk/id/eprint/45620

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