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''This piece is about the economist. For the radio announcer and newsreader and former TV announcer, see David Miles (Radio).''
'Professor David Miles' of Imperial College London is a British economist who produced a report in 2003 for the Chancellor to examine why long-term fixed rate mortgages are so unpopular.
The report states: ''A great many borrowers focus on the initial cost of debt and do not seem to consider carefully how those payments might change relative to their incomes ''.
David Miles called the top of the noughties housing boom on November 22nd 2006
http://news.bbc.co.uk/1/hi/business/6172088.stm
★ ''Miles Report: Part 1''
★ ''Miles Report: Part 2''
★ ''Miles Report: Part 3''
★ ''UK home supply way below demand'' - BBC News, December 10, 2003
★ ''Call for more long-term mortgages'' BBC News, December 9, 2003
'Professor David Miles' of Imperial College London is a British economist who produced a report in 2003 for the Chancellor to examine why long-term fixed rate mortgages are so unpopular.
The report states: ''A great many borrowers focus on the initial cost of debt and do not seem to consider carefully how those payments might change relative to their incomes ''.
David Miles called the top of the noughties housing boom on November 22nd 2006
http://news.bbc.co.uk/1/hi/business/6172088.stm
| Contents |
| External links |
External links
★ ''Miles Report: Part 1''
★ ''Miles Report: Part 2''
★ ''Miles Report: Part 3''
★ ''UK home supply way below demand'' - BBC News, December 10, 2003
★ ''Call for more long-term mortgages'' BBC News, December 9, 2003
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