Using urban household surveys, we constructed a panel dataset to study the effects of the Argentine macroeconomic …

This paper separates the roles of demand for housing services and belief about future house prices in a house price … cycle, by utilizing a feature of user-cost-of-housing that it is sensitive to demand for housing services only. Optimality … conditions of producing housing services determine user-cost-of-housing and the elasticity of substitution between land and …

of bubbles forming there. However, China's unique housing market characteristics make it difficult to assess the …

Housing market imbalances are a key source of systemic risk and can adversely affect housing affordability. This paper …, financial stability, and housing affordability. Not surprisingly, when faced with multiple objectives, deploying more policy …

-level data, we identify households vulnerable to potential housing shocks and assess the riskiness of household debt …To identify and quantify downside risks to housing markets, we apply the house price-at-risk methodology to a sample of … risks to housing markets in the United States have seemingly fallen over the past decade, while having increased in Canada …

output, but significant in consumption, consumer prices, and variables related to local housing and labor markets. Building a … small open economy model featuring a housing sector and calibrating it to Spain, we show that varying the share of …

higher household debt. This paper presents two analyses which suggest that housing prices in Georgetown and banks' lending to … stability. These include strengthening the monitoring of the housing market, bank lending practices and household debt, as well … discovery of oil in 2015. In line with the growing demand for housing, commercial banks' housing loans have increased, prompting …