The Future of Housing: Policy Scenarios:
By combining fresh estimates of housing supply and prices with recent long-term projections for their fundamental drivers such as population, income and interest rates, this paper produces scenarios for residential investment and real house prices up to 2050. For half of the covered countries, proje...
Gespeichert in:
| 1. Verfasser: | |
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| Weitere Verfasser: | , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2020
|
| Schriftenreihe: | OECD Economics Department Working Papers
|
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | By combining fresh estimates of housing supply and prices with recent long-term projections for their fundamental drivers such as population, income and interest rates, this paper produces scenarios for residential investment and real house prices up to 2050. For half of the covered countries, projected increases in house prices are large enough to outpace real incomes, thereby further eroding housing affordability. The paper illustrates and quantifies how housing policies can make a difference. Removing mortgage interest relief eases price pressures and can contribute to more affordable housing. Likewise, streamlining land-use governance and easing rental control can help unlock housing supply, make housing markets more efficient and, ultimately, housing more affordable |
| Beschreibung: | 1 Online-Ressource (40 Seiten) |
| DOI: | 10.1787/0adf02cb-en |
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| spelling | Cournède, Boris Verfasser aut The Future of Housing: Policy Scenarios Boris Cournède, Volker Ziemann and Frederica De Pace Paris OECD Publishing 2020 1 Online-Ressource (40 Seiten) txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers By combining fresh estimates of housing supply and prices with recent long-term projections for their fundamental drivers such as population, income and interest rates, this paper produces scenarios for residential investment and real house prices up to 2050. For half of the covered countries, projected increases in house prices are large enough to outpace real incomes, thereby further eroding housing affordability. The paper illustrates and quantifies how housing policies can make a difference. Removing mortgage interest relief eases price pressures and can contribute to more affordable housing. Likewise, streamlining land-use governance and easing rental control can help unlock housing supply, make housing markets more efficient and, ultimately, housing more affordable Economics Ziemann, Volker ctb De Pace, Frederica ctb https://doi.org/10.1787/0adf02cb-en Verlag kostenfrei Volltext |
| spellingShingle | Cournède, Boris The Future of Housing: Policy Scenarios Economics |
| title | The Future of Housing: Policy Scenarios |
| title_auth | The Future of Housing: Policy Scenarios |
| title_exact_search | The Future of Housing: Policy Scenarios |
| title_exact_search_txtP | The Future of Housing: Policy Scenarios |
| title_full | The Future of Housing: Policy Scenarios Boris Cournède, Volker Ziemann and Frederica De Pace |
| title_fullStr | The Future of Housing: Policy Scenarios Boris Cournède, Volker Ziemann and Frederica De Pace |
| title_full_unstemmed | The Future of Housing: Policy Scenarios Boris Cournède, Volker Ziemann and Frederica De Pace |
| title_short | The Future of Housing: Policy Scenarios |
| title_sort | the future of housing policy scenarios |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/0adf02cb-en |
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