The capital cost of older local authority houses is substantially below their present annual value because they were financed at ... In 1962 owner-occupiers purchasing their houses spent on the average 1 5-8 per cent of household income on mortgage repayments, rates and maintenance. ... This is a weighted average of new and second-hand houses mortgaged to the Co-operative Building Society.
|Title||:||The British Economy in 1975|
|Publisher||:||CUP Archive - 1972|