Showing 1 - 10 of 160
Housing is key for well-being and for spatial and social mobility. In India, the housing market is characterised by … excess demand for affordable dwellings, a small rental market and an oversupply of high-end housing, especially in urban …
Persistent link: https://www.econbiz.de/10012259039
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/10010464985
Financial conditions indices (FCIs) have been developed to summarise financial conditions and also supplement more traditional macroeconomic forecasting. They capture market expectations but also quantitative and survey information. This paper seeks to provide up to date financial conditions...
Persistent link: https://www.econbiz.de/10011577970
Housing markets are large and highly volatile: they can thus create large macroeconomic risks. The current paper … provides a bird’s eye view of where the housing markets of major OECD economies currently stand. It then uses the results of … empirical analyses to suggest how economic policies can enhance economic resilience by reducing housing-related risks through …
Persistent link: https://www.econbiz.de/10012111058
Housing markets, which are large and subject to sharp swings, shape to a great extent countries’ exposure to economic … crises and their capacity to recover from them. This paper analyses the transmission of housing-related shocks to the real … investigate, which housing policy-related reforms can foster greater economic resilience. Among other results, it finds that a …
Persistent link: https://www.econbiz.de/10012111101
paper estimates long-term elasticities of housing supply to prices in OECD countries before exploring their drivers with a …
Persistent link: https://www.econbiz.de/10012203174
Housing conditions in Belgium are among the best in OECD countries according to the Better Life Index, as dwellings are … of high quality and large, and housing costs are average. However, the steep increase in house prices since 2003 has put … market access for first-time buyers under pressure. Housing affordability is also deteriorating for the poor, as demand for …
Persistent link: https://www.econbiz.de/10011399317
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/10009690120
. Reforming the housing market would reduce the risks associated with high house prices, ensure adequate residential investment …
Persistent link: https://www.econbiz.de/10009711216
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/10010231018