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Despite a high level of homeownership, the housing market in Poland is suffering from an important shortage. The … dimensions of the problem, various housing policies implemented since the beginning of the transition process have aimed to fill … the housing gap, though they have been either narrow in scope or have led to unclear results. However, the housing market …
Persistent link: https://www.econbiz.de/10005045604
banking system’s resilience to possible shocks and dampen systemic risk. This chapter notes that although authorities seem to … have succeeded in containing over-heating pressures in the housing market, high levels of household indebtedness persist, a … considerations on resource allocation in the housing market. This Working Paper relates to the 2014 OECD Economic Survey of Norway …
Persistent link: https://www.econbiz.de/10011276979
is smaller. This is consistent with the tendency for such housing tax reliefs to be capitalised into real house prices …, which may crowd-out some financially constrained households from homeownership at the margin. The impact of housing policies …
Persistent link: https://www.econbiz.de/10008873251
This paper analyses the factors influencing the level and volatility of real house prices in a panel of OECD countries over the period 1980-2005. Results suggest that real house prices tend to rise proportionally with real household incomes, while declines in structural unemployment and real...
Persistent link: https://www.econbiz.de/10008764468
the interactions between housing markets and the wider economy; iv) assesses the responsibilities of housing taxation …Housing markets have played a prominent role in macroeconomic developments over recent years. For a great part of the … 2000s, buoyant housing markets have contributed to sustained economic activity in most OECD countries. But many markets …
Persistent link: https://www.econbiz.de/10008480480
Extensive structural reforms since the early 1990s have strengthened the resilience of the Swedish economy to shocks …. Reforming the housing market would reduce the risks associated with high house prices, ensure adequate residential investment … large, concentrated banking system. Better aligning the taxation of different types of assets would make taxation more …
Persistent link: https://www.econbiz.de/10011277020
years housing construction had not kept pace with increases in the number of households. In response to these developments … and a contraction in construction activity. Recent price developments are not the only economic issue in Israeli housing …. As in a number of other OECD countries, housing policies favour home ownership through tax settings and subsidies for …
Persistent link: https://www.econbiz.de/10009386331
, giving rise to an oversized road infrastructure, electricity generation capacity and housing stock. Weaknesses in labour … increasing targeted training. Reforms in wage setting, labour taxation, unemployment benefits and activation policies will foster …
Persistent link: https://www.econbiz.de/10011276804
price correction in these segments spills over into other markets. The country benefits from a sound and effective housing … on loan losses would better align private and social interests. There may be a shortage of rental housing in several … and increase incentives for private-sector development of affordable housing. This Working Paper relates to the 2014 OECD …
Persistent link: https://www.econbiz.de/10011276860
Urbanisation in China has long been held back by various restrictions on land and internal migration but has taken off since the 1990s, as these impediments started to be gradually relaxed. People have moved in large numbers to richer cities, where productivity is higher and has increased...
Persistent link: https://www.econbiz.de/10011276950