Doling, John; Vandenberg, Paul; Tolentino, Jade - Economics and Research Department, Asian Development Bank - 2013
The paper provides a review of the literature that links housing, housing finance, and economic development. The …, constituting the most valuable asset owned by most households and often requiring housing finance (mortgages) to allow for purchase …. These links—between housing and the economy and between housing and housing finance—are explored in this review paper. It …