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David Miles

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This is an old revision of this page, as edited by Adashiel (talk | contribs) at 16:50, 13 January 2006 (Reverted edits by 84.9.1.206 (talk) to last version by Db48x). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

This piece is about the economist. For the radio announcer and newsreader and former TV announcer, see David Miles (Radio).

Professor David Miles of Imperial College London is a British economist who produced a report in 2003 for the Chancellor to examine why long-term fixed rate 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 .

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