Britain's vulnerability to financial crisis was increased by a surge of borrowing by poor households driven by rising inequality, according to a study published on Tuesday.
Over the same period, however, the nation's aggregate household income has substantially shifted from middle-income to upper-income households, driven by the growing size of the upper-income tier and more rapid gains in income at the top.
The ONS said British households drove 172.8bn miles in 2014, which was up from 168.9bn the year before, but down from 178bn in 2006.
Alternatively, a greater number of children in the household drive demand for higher income.
On the other hand, contacts across households, mainly driven by adults who could thus act as bridges in transmission of communicable diseases from one household to the other, appear to be irregular and quite difficult to capture during a time window of a week or less.
Meanwhile, immigration and rising numbers of single-person households have driven demand for rented accommodation.
Despite suffering the stagnant pay that Labour laments, households have driven the recovery that the Tories boast of.Britain's consumption boom came from two sources.
But some industry experts pointed out that the "clunkers" being traded in tended to be the older vehicles kept as spare cars in multicar households, and driven very few miles every year.
"American consumers might benefit if lenders provided greater mortgage-product alternatives to the traditional fixed-rate mortgage...To the degree that households are driven by fears of payment shocks, but are willing to manage their own interest-rate risks, the traditional fixed-rate mortgage may be an expensive method of financing a home".
In addition, most Chinese households only own one car which enables the head of a household to drive, while other members access alternative modes.
New household formation drives housing demand and is a derivative of population growth.
