Kim, Jounghyeon - In: Central Bank review / Central Bank of the Republic of Turkey 25 (2025) 1, pp. 1-20
housing prices, are the key drivers of growing household debt. In this context, monetary tightening may play an opposite role … boosts household debt in a regime with values beyond the threshold of the nominal (real) housing sales price index … that monetary tightening can enhance household debt due to high housing price expectations. Furthermore, an increase in …