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, mortgage credit constraints and a price-to-price feedback loop affects house price volatility. Considering 247 Metropolitan …
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This paper analyzes the recent boom-bust cycle in the US housing market from a regional perspective. Particular attention is paid to supply side restrictions and financial accelerator effects related to subprime lending. Considering 248 Metropolitan Statistical Areas across the entire US, we...
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The Bank for International Settlements (BIS) and the Monetary Authority of Singapore (MAS) jointly organised a workshop …
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The late 1990s through the mid-2000s was a period of historic growth in mortgage lending and house prices and there is … with the view that the house price boom was caused by an expansion in the supply of mortgage credit, primarily benefiting … borrowers and neighborhoods which previously had the most limited access to mortgage credit. In particular, the evidence can be …
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