Labonne, Claire; Lecat, Rémy; Avouyi-Dovi, Sanvi - Université Paris-Dauphine (Paris IX) - 2014
The housing market is a central macroprudential policy concern in France due to the significant proportion of residential property loans in bank balance sheets and the high weight of housing in household wealth. The surge in house prices at the start of the 2000s means we cannot rule out the...