To repay or not to repay: financial vulnerability among mortgage debtors in Spain
Autor(a) principal: | |
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Data de Publicação: | 2018 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://scielo.pt/scielo.php?script=sci_arttext&pid=S0873-65612018000100001 |
Resumo: | In the framework of the current wave of home repossessions, many Spanish households struggle to keep up with repayments before going into arrears. Their financial vulnerability is not a simple function of the availability of income as they are repaying debts. Rather, it is to be understood in combination with a differential access to other resources that may help households to cope with hardship. Factors that help to keep up with repayments may include the availability of material aid and non-economic resources, such as information or social connections. But, at a certain stage, debtors may benefit less from aid to keep up with repayments, than from the advice to give them up, a decision that implies challenging the moral obligation to repay and devoting much time and effort to negotiation with the creditor. The availability of these resources needs to be considered in order to understand the (re)production of social inequalities linked to financial vulnerability as a result of mortgage default. |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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To repay or not to repay: financial vulnerability among mortgage debtors in Spainmortgagesindebtednessfinancial vulnerabilityhome repossessionssocial inequalityBarcelonaIn the framework of the current wave of home repossessions, many Spanish households struggle to keep up with repayments before going into arrears. Their financial vulnerability is not a simple function of the availability of income as they are repaying debts. Rather, it is to be understood in combination with a differential access to other resources that may help households to cope with hardship. Factors that help to keep up with repayments may include the availability of material aid and non-economic resources, such as information or social connections. But, at a certain stage, debtors may benefit less from aid to keep up with repayments, than from the advice to give them up, a decision that implies challenging the moral obligation to repay and devoting much time and effort to negotiation with the creditor. The availability of these resources needs to be considered in order to understand the (re)production of social inequalities linked to financial vulnerability as a result of mortgage default.Centro em Rede de Investigação em Antropologia - CRIA2018-02-01info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articletext/htmlhttp://scielo.pt/scielo.php?script=sci_arttext&pid=S0873-65612018000100001Etnográfica v.22 n.1 2018reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAPenghttp://scielo.pt/scielo.php?script=sci_arttext&pid=S0873-65612018000100001Sabaté,Ireneinfo:eu-repo/semantics/openAccess2024-02-06T17:11:45Zoai:scielo:S0873-65612018000100001Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T02:22:44.012265Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
To repay or not to repay: financial vulnerability among mortgage debtors in Spain |
title |
To repay or not to repay: financial vulnerability among mortgage debtors in Spain |
spellingShingle |
To repay or not to repay: financial vulnerability among mortgage debtors in Spain Sabaté,Irene mortgages indebtedness financial vulnerability home repossessions social inequality Barcelona |
title_short |
To repay or not to repay: financial vulnerability among mortgage debtors in Spain |
title_full |
To repay or not to repay: financial vulnerability among mortgage debtors in Spain |
title_fullStr |
To repay or not to repay: financial vulnerability among mortgage debtors in Spain |
title_full_unstemmed |
To repay or not to repay: financial vulnerability among mortgage debtors in Spain |
title_sort |
To repay or not to repay: financial vulnerability among mortgage debtors in Spain |
author |
Sabaté,Irene |
author_facet |
Sabaté,Irene |
author_role |
author |
dc.contributor.author.fl_str_mv |
Sabaté,Irene |
dc.subject.por.fl_str_mv |
mortgages indebtedness financial vulnerability home repossessions social inequality Barcelona |
topic |
mortgages indebtedness financial vulnerability home repossessions social inequality Barcelona |
description |
In the framework of the current wave of home repossessions, many Spanish households struggle to keep up with repayments before going into arrears. Their financial vulnerability is not a simple function of the availability of income as they are repaying debts. Rather, it is to be understood in combination with a differential access to other resources that may help households to cope with hardship. Factors that help to keep up with repayments may include the availability of material aid and non-economic resources, such as information or social connections. But, at a certain stage, debtors may benefit less from aid to keep up with repayments, than from the advice to give them up, a decision that implies challenging the moral obligation to repay and devoting much time and effort to negotiation with the creditor. The availability of these resources needs to be considered in order to understand the (re)production of social inequalities linked to financial vulnerability as a result of mortgage default. |
publishDate |
2018 |
dc.date.none.fl_str_mv |
2018-02-01 |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://scielo.pt/scielo.php?script=sci_arttext&pid=S0873-65612018000100001 |
url |
http://scielo.pt/scielo.php?script=sci_arttext&pid=S0873-65612018000100001 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
http://scielo.pt/scielo.php?script=sci_arttext&pid=S0873-65612018000100001 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
text/html |
dc.publisher.none.fl_str_mv |
Centro em Rede de Investigação em Antropologia - CRIA |
publisher.none.fl_str_mv |
Centro em Rede de Investigação em Antropologia - CRIA |
dc.source.none.fl_str_mv |
Etnográfica v.22 n.1 2018 reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799137309834084352 |