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Biography of David Miles - Economist
Biography
P
Professor David Miles of Imperial College London is a United Kingdom|British economist who produced a report in 2003 for the Chancellor to examine why long-term fixed rate mortgage|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 . ==External links== * http://news8.thdo.bbc.co.uk/1/shared/spl/hi/uk/03/ budget/documents/pdf/miles_review_sec12_302.pdf Miles Report: Part 1 * http://news8.thdo.bbc.co.uk/1/shared/spl/hi/uk/03/ budget/documents/pdf/miles_review_sec345_300.pdf Miles Report: Part 2 * http://news8.thdo.bbc.co.uk/1/shared/spl/hi/uk/03/ budget/documents/pdf/miles_review_sec67ar_430.pdf Miles Report: Part 3 * http://news.bbc.co.uk/1/hi/business/3305457.stm UK home supply way below demand - BBC News, December 10, 2003 * http://news.bbc.co.uk/1/hi/business/3302029.stm Call for more long-term mortgages BBC News, December 9, 2003 bio-stub
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