-generation model with housing. We find that the long-run importance of the introduction of new mortgage products for the aggregate …

, constituting the most valuable asset owned by most households and often requiring housing finance (mortgages) to allow for purchase …The paper provides a review of the literature that links housing, housing finance, and economic development. The … housing sector may support poverty reduction and inclusive growth in two general ways. First, housing construction contributes …

in recent years, due partly to the fact that tax breaks for housing purchase, reforms in the housing loan market since … the early 2000s, and expansionary monetary policy enabled Japanese households to purchase housing at a younger age than … households who have chosen variablerate housing loans has increased in recent years. …

and recovered only partially during the 2001-2005 housing boom. The 1980-2000 decline in young home ownership occurred as …

This paper shows, using data from the Family Income and Expenditure Survey, that housing credit has become increasingly … housing and enabled them to do so at an earlier age. However, it also shows that the greater availability of housing credit … has increased households' housing loan repayment burden, which has resulted in their cutting back on their other …

housing boom was substantial for all borrowers, not only for low-score or low-income borrowers. The contraction was most … constraints played an important role in the recent housing cycle …

We explore how house prices evolve under technological progress, when housing serves for consumption as well as store …

Household credit, especially for mortgages, has doubled over the past years in the new European Union member countries … expected income in the old or in the new European Union member countries. -- Household credit ; housing finance ; financial …

Household credit, especially for mortgages, has doubled over the past years in the new European Union member countries …