Taghizadeh-Hesary, Farhad; Yoshino, Naoyuki; Chiu, Alvin - 2019
illustrated in this paper. By providing a theoretical model and empirical analysis on the key variables influencing housing prices … prices and negatively to lending. The inability to increase supplies in response to rising demand since 2003 has also much to … do with the skyrocketing prices. Moreover, mortgage-to-total loans value is shrinking due to the unaffordability of …