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Developments in the real-estate sector are of crucial importance for the business cycle and financial stability. This study analyses developments in the Italian housing market on the basis of both real and financial variables. Following the sharp contraction of the market during the financial...
Persistent link: https://www.econbiz.de/10008474175
financial crisis on this portion of the credit market. From 2008 to 2011 the total number and value of new mortgages decreased … sharply. The results show that young households and non-EU immigrants have been affected more by the decline of new mortgages …, albeit greater for smaller mortgages. …
Persistent link: https://www.econbiz.de/10011100356
This paper depicts � from a variety of viewpoints � the degree of indebtedness and potential financial vulnerabilities of households across the Italian regions. Micro-data from several sources suggest that the financial situation of Italian households shows striking differences at...
Persistent link: https://www.econbiz.de/10011100383
The paper reviews the supply of different mortgage instruments to Italian households by means of data obtained from a survey conducted in 2007 by the Bank of Italy over more than 300 banks. The results document significant innovations in housing finance in the last five years: a greater variety...
Persistent link: https://www.econbiz.de/10005113690