What is the role of heterogenous house-price expectations for boom-bust cycles in the housing market? We exploit a … unique Dutch panel data set on households' house price expectations and their consumption, savings and housing choices for … the period 2003-2016. This period was characterized by a pronounced boom-bust cycle in the housing market. Conditioning …

This paper produces new evidence and stylised facts on housing, wealth accumulation and wealth distribution, relying on … questions: i) How is homeownership and housing tenure distributed across the population along various socio …-economic characteristics such as income, wealth and age? What is the weight of housing in households’ balance sheets and how does this vary …

policymakers at the current juncture and outlines responses in terms of monetary, micro and macro-prudential, and housing policies. …

This Working Paper studies ways to stimulate the private rental sector (PRS) of the housing market – and compares …’ of the PRS. A well-functioning PRS and neutrality in housing policies can improve the functioning of the housing market … – by promoting residential mobility, increasing housing options for households and generating competitive supply and …

The Finnish housing market is volatile. After declining significantly as the global financial crisis unfolded, housing … fundamentals in housing price and investment developments. Current housing valuations and residential investment are broadly in … line with the model estimates. Housing market volatility is exacerbated by fluctuations in the wider economy, which given …

during busts. The standard model of housing demand treats housing as a quantity of "housing services", an imaginary … housing services as fixed is able to do this. This is shown by means of a formal analysis of a model in which households that … differ in income are allocated over a given housing stock. In particular, the model predicts that the price of housing as a …

Housing is key for well-being and for spatial and social mobility. In India, the housing market is characterised by … excess demand for affordable dwellings, a small rental market and an oversupply of high-end housing, especially in urban …

Housing conditions in Belgium are among the best in OECD countries according to the Better Life Index, as dwellings are … of high quality and large, and housing costs are average. However, the steep increase in house prices since 2003 has put … market access for first-time buyers under pressure. Housing affordability is also deteriorating for the poor, as demand for …

Chile has made considerable progress in promoting access to affordable good-quality housing over the past two decades …. The proportion of households that have no housing or that live in sub-standard housing has fallen from 23% in 1992 to 10 …% in 2011 (Ministerio Desarrollo Social 2013). Nevertheless, the incidence of poor quality housing and overcrowding is …

This paper develops OECD information on housing policies and the degree to which OECD countries pursue social policy … housing, but public support for social rental housing is declining in many countries and the private rental sector is playing … an increasingly important role in promoting access to affordable housing. In almost all OECD countries housing support is …