Housing affordability has been decreasing worldwide, particularly in the advanced
economies, in recent decades. A fast-growing body of literature on housing affordability …

The role of real estate during the global financial and economic crisis has prompted efforts to
better incorporate housing and financial channels into macro models, improve housing …

In a context marked by rapid urbanisation, growing housing demand and the worsening
impacts of climate change, national governments play a vital role in delivering …

Housing is the single largest component of wealth for the majority of households in the Euro
area countries with implications for consumer spending, and residential investment is a …

The (re-) introduction of tenancy regulation in the form of rent controls, tenant protection or
supply rationing is back on the agenda of policymakers in light of rent inflation in many …

Progress in regional convergence in the EU has been uneven over the last two decades.
While Central and Eastern Europe has been catching up, Southern Europe has often lost …

What is the effect of declining interest rates on the efficiency of resource allocation and
overall economic activity? We study this question in a setting in which entrepreneurs with …

I estimate fundamental house prices for Denmark, Finland, Norway, and Sweden over the
past 20 years. My results suggest that house prices were overvalued in all countries in the …

Purpose This study aims to identify the determinants of housing affordability in an effort to
inform policy. Design/methodology/approach The authors use econometric analysis to …

Understanding the impact of housing supply on housing price inflation is a particularly
important issue from a policy-maker's perspective. Notwithstanding the impact of the great …