The Unassuming Economist

On cross-country:

• To fix housing affordability, build more homes. Faced with rising mortgage costs, governments should resist stoking demand – FT
• How Europe’s housing crisis is fuelling a new movement. As soaring rents and house prices across Europe​ feed into the political discourse, campaigners believe they have a rare opportunity to force housing to the top of the agenda – The Guardian
• House prices up by 4.0% in the euro area – Eurostat  

Working papers and conferences:  

• Unlocking mortgage risk transfer: Why securitisation floor calibration and insurer access must move together – SUERF
• Property Rights Uncertainty, Prices, and Speculation: Evidence from China’s Housing Market – NBER
• Premiums or Peril – SSRN
• I Would Like the Value of My Home to Rise, While My Property Taxes Fall – Conversable Economist
• Event: Golden visas, house prices and electoral accountability on December 7 – LSE
• Fleeting Forbearance in a World of Persistent Financial Distress – New York Fed

On Australia and New Zealand:

• [Australia] Billions in collateral damage: The hidden cost of Australia’s housing slowdown – Reuters
• [Australia] Brisbane and Sydney hit hardest by falling house prices as 5.2% shaved from property values nationwide. Cotality data shows median house prices fell in September as interest rates hit borrowing capacity – The Guardian
• [Australia] Australia’s Property Boom Is Unraveling. How Bad Will It Get? – Bloomberg
• [Australia] Housing market on track for its steepest downturn in 40 years – Financial Review
• [Australia] Australian home prices fall for sixth month, face worst slump in 30 years – Reuters
• [New Zealand] New Zealand House Prices Fall to Lowest Since Early 2021 – Bloomberg

On other countries:  

• [Denmark] Interest-only mortgage debt approaching 50 per cent – Central Bank of Denmark
• [Germany] The German housing market’s weakness is showing up everywhere except in prices. Higher mortgage rates are back. Housing affordability is deteriorating. Demand for mortgage loans is weakening. Yet, German house prices continue to edge higher – ING
• [Hong Kong] Hong Kong must balance boosting public housing supply with other goals – South China Morning Post
• [Kenya] Kenyan Court Upholds President’s Unpopular Housing Levy – Bloomberg
• [Spain] Protesters demand Spanish government limit evictions after pensioner forced out – Reuters
• [Spain] Spain erupts in fury over housing after eviction of 87-year-old woman. Thousands take to the streets after Maricarmen Abascal forced to leave Madrid flat she had lived in for seven decades – FT
• [Spain] La vivienda en gráficos: más población, más turismo y poca construcción. Los precios han subido un 80% desde 2015. Desde entonces también ha crecido la población, han aflorado miles de pisos turísticos y los extranjeros no residentes han comprado más de 500.000 viviendas, mientras solo se han construido 850.000 – El Pais
• [Spain] Spain announces plan to ease housing crisis amid outcry over eviction of 87-year-old. Measures, which need to be approved in Congress, include extending ban on evictions of vulnerable people – The Guardian
• [Spain] Evicted Woman Set to Return Home as Spain Announces Plans to Fix Housing Crisis. The eviction of an 87-year-old set off protests in the country, which has an acute housing shortage. The government presented legislation to protect renters. – New York Times
• [Spain] Spain seeks to ban ‘vulture funds’ from housing market. Pedro Sánchez’s government responds to public outrage after 87-year-old was evicted by corporate landlord – FT
• [Spain] Spain’s Housing Reform. Mass protests over an 87-year-old’s eviction prompt new proposed legislation. – Foreign Policy
• [United Kingdom] Andy Burnham announces new homes scheme for first-time buyers. Exclusive: Policy initiative for England will help more young people on to property ladder, prime minister tells Guardian – The Guardian
• [United Kingdom] Burnham to revive Help to Buy scheme in bid to aid first-time buyers. Concern mounts among ministers that low housing construction volumes could hit growth forecasts – FT
• [United Kingdom] How London became the property market’s black sheep. Capital’s once-relentless property boom has gone into reverse – FT
• [United Kingdom] UK Mortgage Approvals Hit 32-Month Low as Loan Costs Bite – Bloomberg
• [United Kingdom] UK first-time buyer scheme lifts housebuilders, but success hinges on design – Reuters
• [United Kingdom] UK house prices fall as higher mortgage rates ‘subdue’ market. Prospect of interest rate rises weighs on demand for properties – FT