Housing Price and Household Debt Interactions in Sweden

Housing Price and Household Debt Interactions in Sweden
Sweden is experiencing double-digit housing price gains alongside rising household debt. A common interpretation is that mortgage lending boosted by expansionary monetary policy is driving up house prices. But theory suggests the value of housing collateral is also important for household's capacity to borrow. This paper examines the... READ MORE...

Publication date: December 2015
ISBN 9781513586205
$18.00

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