A housing market model for Sweden has been estimated on semi-annual data for 1970-97 by separately modelling the demand and the supply sides, specified in error correction form. On the demand side in the short run house prices adjust to the changes in the real after-tax long interest rate,...

The aim of this paper is to analyse security aspects on home ownership in a European perspective. The conventional view is that homeowners' security is achieved through equity formation in their homes. This opens up possibilities to withdraw equity in order to supplement a faulting social...