How has the LVR restriction affected the housing market: a counterfactual analysis

This paper estimates a counterfactual scenario of what might have happened to housing market indicators since late 2013 if the LVR restriction had not been implemented. House prices and credit growth have been weaker than suggested by that counterfactual model.

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Year of publication:	2014-05
Authors:	Price, Gael
Institutions:	Reserve Bank of New Zealand

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Series:	Reserve Bank of New Zealand Analytical Notes series.
Type of publication:	Book / Working Paper
Notes:	Number AN2014/03 20 pages longp
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010857269