Housing prices and household borrowing are expected to be tightly connected to each other. Better availability of … credit eases liquidity constraints of households, which is likely to lead to higher demand for housing. On the other hand …, housing prices may significantly influence household borrowing through various wealth effects. Employing time series …

This paper documents the trends in the life-cycle profiles of net worth and housing equity between 1983 and 2004. The … net worth of older households significantly increased during the housing boom of recent years. However, net worth grew by … more than housing equity, in part because other assets also appreciated at the same time. Moreover, the younger elderly …

Housing is an important sector of the economy. It has widespread implications for investment, banking, saving and … employment. Home ownership has been linked to building social capital and a sense of community. Furthermore housing equity is a … housing, saving, wealth accumulation and retirement. The results of this contribute to Treasury's role in providing advice to …

Housing is the single most important component of personal wealth in most countries. The special characteristics of … housing markets are therefore key to understanding personal portfolios, saving, the household distribution of wealth, and the … monetary transmission mechanism. This paper discusses how housing markets and institutions differ across countries, paying …