Showing posts with label Global Housing Watch. Show all posts
Tuesday, August 23, 2022
From the IMF’s latest report on Latvia:
“Macroprudential policy should remain flexible considering high uncertainty. After augmenting their macro-prudential toolkit in mid-2020 with several borrower-based measures, the authorities broadened the scope of these tools to cover credit institutions of other EU countries operating in Latvia with or without local branches. Although real estate prices increased, they appeared to be in line with wage growth and remained less buoyant than in the other Baltic countries. However, housing prices could surge, if the already-low supply of housing is further constrained by the rising costs of capital, labor and materials, and delays in the construction sector due the spillovers of the war. A close monitoring of these developments is warranted, so that macroprudential policy can be re-calibrated accordingly in a timely manner. Credit risks could emerge due to the elevated share of high variable-interest loans to both households and non-financial corporations (87 and 94 percent of outstanding loans respectively).
(…)
Macroprudential policy should stand ready to respond to changing housing market conditions. Given the new risks caused by the war, the frequent reviews of macroprudential measures should continue to ensure the right balance between financial stability and the need for credit in the economy.”
From the IMF’s latest report on Latvia:
“Macroprudential policy should remain flexible considering high uncertainty. After augmenting their macro-prudential toolkit in mid-2020 with several borrower-based measures, the authorities broadened the scope of these tools to cover credit institutions of other EU countries operating in Latvia with or without local branches. Although real estate prices increased, they appeared to be in line with wage growth and remained less buoyant than in the other Baltic countries.
Posted by 5:57 PM
atLabels: Global Housing Watch
Friday, August 19, 2022
On cross-country:
On the US:
On China:
On other countries:
On cross-country:
On the US:
Posted by 7:36 AM
atLabels: Global Housing Watch
Wednesday, August 17, 2022
Posted by 8:41 AM
atLabels: Global Housing Watch
Friday, August 12, 2022
On cross-country:
On the US:
On China:
On other countries:
On cross-country:
On the US:
Posted by 9:27 AM
atLabels: Global Housing Watch
Thursday, August 11, 2022
From Market Urbanism:
“Two teams of researchers recently released estimates of the U.S. housing shortage – and they differ by a factor of five. Is the national shortage 20 million homes or just 4 million? With a range that big, both published by pro-housing groups, you’d be forgiven for thinking this is an exercise in futility.
But look under the hood and each estimate is asking and answering a different question. Together they offer a useful parallax on the current cost crisis. To oversimplify, here’s how I’m thinking about the studies:
The easier report to understand is that produced at the Joint Economic Committee by the classically-named duo Kevin Corinth and Hugo Dante, the latter a GMU/Mercatus alumnus. They use a straightforward supply and demand framework with some simple, defensible assumptions about the housing production function and the demand curve within each county.”
Continue reading here.
From Market Urbanism:
“Two teams of researchers recently released estimates of the U.S. housing shortage – and they differ by a factor of five. Is the national shortage 20 million homes or just 4 million? With a range that big, both published by pro-housing groups, you’d be forgiven for thinking this is an exercise in futility.
But look under the hood and each estimate is asking and answering a different question.
Posted by 10:53 AM
atLabels: Global Housing Watch
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