This Article Full Text (PDF) References Alert me when this article is cited Alert me if a correction is posted Services Email this article to a friend Similar articles in this journal Alert me to new issues of the journal Add to Saved Citations Download to citation manager Add to My Marked Citations Citing Articles Citing Articles via Google Scholar Google Scholar Articles by Jones, C. Articles by Maclennan, D. Search for Related Content Social Bookmarking                   What's this?

Building Societies and Credit Rationing: An Empirical Examination of Redlining

Department of Land Economics at Paisley College of Technology

Duncan Maclennan

Centre for Housing Research at Glasgow University

Redlining in the housing market occurs when building societies explicitly delineate in some way sections of cities where they will not usually grant mortgages. This paper considers redlining as part of the broader question of credit rationing, and derives a number of alternative possible explanations of the spatial distribution of mortgage finance. These are considered using data on house sales, and surveys of building society managers and house buyers in Glasgow. The conclusions drawn are that, in the place and time period studied, the distribution of building society finance cannot be explained to any great extent by a simple loan refusal/area lending process.

CiteULike    Connotea    Del.icio.us    Digg    Reddit    Technorati    What's this?