in asset prices, especially as regards housing, though no systematic effects are identified on equity markets …

price correction in these segments spills over into other markets. The country benefits from a sound and effective housing … on loan losses would better align private and social interests. There may be a shortage of rental housing in several … and increase incentives for private-sector development of affordable housing. This Working Paper relates to the 2014 OECD …

This paper provides new empirical results linking financial and housing wealth to household consumption for the United …, especially housing wealth, affects consumption. They further demonstrate that it can be important to take into account wealth …

The paper examines the linkages between housing markets and the business cycle in OECD countries, focusing on how … differences in the degree of resilience to economic shocks can be affected by the structural characteristics of housing and … mortgage markets. The paper focuses specifically on: the transmission channel from housing wealth to consumption and on the …

A considerable housing boom has been a key feature of persistently large saving-investment imbalances in New Zealand … households and the banking system heavily exposed to a correction in land and housing markets. Supply rigidities and tax … housing. The economic downturn has increased financial pressures on the social housing sector, with a shortage of public …