Boug, Pål; Hungnes, Håvard; Kurita, Takamitsu - 2021
The recent boom in house prices in many countries during the Covid-19 pandemic and the possibility of household … financial distress are of concern among some central banks. We revisit the empirical modelling of house prices and household …. Applying a control analysis, we find that both house prices and debt are controllable magnitudes to some pre-specified target …