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Consumer Vulnerability and Welfare in Mortgage Contracts by Irina Domurath
Consumer Vulnerability and Welfare in Mortgage Contracts by Irina Domurath
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Consumer Vulnerability and Welfare in Mortgage Contracts

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Description

This book advocates a new way of thinking about mortgage contracts. This claim is based on the assumption that we currently live in a political economy in which consumer debt fulfils a social function. In the field of housing this is evidenced by the expansion of mortgage credit through which consumers are to purchase residential property as a means of social inclusion and personal welfare. It is suggested that contract law needs to adjust to this new social function in order to avoid welfare losses in terms of default, over-indebtedness, and possibly eviction. To this end, this book analyses theoretical contract law frameworks and makes concrete proposals for contract law in the EU legal order.

Author Biography:

Irina Domurath is a post-doctoral researcher at the University of Amsterdam, where she is working on housing markets and law. Previously, she has worked at the German Federal Ministry of Justice and Consumer Protection and the Universities of Copenhagen and Iceland.
Release date Australia
March 19th, 2020
Pages
224
Audiences
  • Professional & Vocational
  • Tertiary Education (US: College)
ISBN-13
9781509936939
Product ID
31695726

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