Showing 1 - 10 of 143
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 …. Against this background, this paper: i) documents housing market developments in 18 OECD countries since the 1970s, putting …
Persistent link: https://www.econbiz.de/10012446980
The Finnish housing market is volatile. After declining significantly as the global financial crisis unfolded, housing … fundamentals in housing price and investment developments. Current housing valuations and residential investment are broadly in … line with the model estimates. Housing market volatility is exacerbated by fluctuations in the wider economy, which given …
Persistent link: https://www.econbiz.de/10011276861
This Working Paper studies ways to stimulate the private rental sector (PRS) of the housing market – and compares …’ of the PRS. A well-functioning PRS and neutrality in housing policies can improve the functioning of the housing market … – by promoting residential mobility, increasing housing options for households and generating competitive supply and …
Persistent link: https://www.econbiz.de/10011276945
A well-functioning housing market is essential for economic prosperity and well-being. A combination of favourable … economic and financial conditions and tight housing supply led to sharp increases in real house prices between the mid-1990s … excessively restrictive, making supply unresponsive to demand and contributing to creating housing shortages and reducing …
Persistent link: https://www.econbiz.de/10009643456
Chile has made good progress in improving housing conditions, but still around 10% of the population lives in either … overcrowded houses, or of inadequate quality and/or with poor access to basic services. Improving further housing conditions of … the poor is important for curbing poverty and reducing inequality. First, better targeting of housing subsidies will be …
Persistent link: https://www.econbiz.de/10009645560
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 …. Against this background, this paper: i) documents housing market developments in 18 OECD countries since the 1970s, putting …
Persistent link: https://www.econbiz.de/10008480480
A considerable housing boom has been a key feature of persistently large saving-investment imbalances in New Zealand … households and the banking system heavily exposed to a correction in land and housing markets. Supply rigidities and tax … housing. The economic downturn has increased financial pressures on the social housing sector, with a shortage of public …
Persistent link: https://www.econbiz.de/10009149950
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
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