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government backing of the mortgage market. Nonetheless, the dominance of the crown corporation CMHC in the mortgage insurance … market concentrates a significant amount of risk in public finances. Improving competitive conditions in the mortgage …
Persistent link: https://www.econbiz.de/10010464985
The banking sector in the United Kingdom (UK) was deeply affected by the crisis. Bank credit has collapsed reflecting both weak demand and tighter supply. New prudential requirements have improved the resilience of the banking sector and a number of measures were taken to support credit supply....
Persistent link: https://www.econbiz.de/10011399564
Persistent link: https://www.econbiz.de/10013426912
In this paper, we explore the drivers of house prices in Norway, using a cross-country panel framework. Empirical results confirm that house prices are determined by numerous demand and supply factors, including income, demographics, macroeconomic conditions, stock of housing and institutional...
Persistent link: https://www.econbiz.de/10012203289
Housing finance markets in Central and Eastern European countries are typically small in scale and under-developed, though it is generally recognized that fostering housing finance markets contributes to economic development and brings social benefits to the public. This book presents a...
Persistent link: https://www.econbiz.de/10003090653