TY - CONF T1 - BritainĂ­s Possessions Paradox: Explaining The Determination of Mortgage Possessions T2 - 8th European Real Estate Society Conference Y1 - 2001 A1 - Michael White A1 - Pryce, Gwilym AB - An enigma has emerged in the UK mortgage possessions data. As expected, possessions in England and Wales have been decreasing in line with falling unemployment and interest rates, but in Scotland, possessions are actually on the increase. This puzzling pattern in the data forms the rationale for a model of the determination of house possessions in Scotland. The paper examines a range of data north and south of the border and puts forward a number of hypotheses to explain the apparent conflicting trends in the level of possessions. An econometric model is then developed with the aim of testing these hypotheses in order to throw light on BritainĂ­s possessions paradox. JA - 8th European Real Estate Society Conference T3 - ERES: Conference CY - Alicante, Spain U3 - RePEc:arz:wpaper:eres2001_299 J1 - Conference 2001 ID - oai:eres.id:eres2001_299 M3 - 10.15396/eres2001_299 ER -