Household financial decisions are complex, interdependent, and heterogeneous, and
central to the functioning of the financial system. We present an overview of the rapidly …

House price prediction is one of the most important factors affecting national real estate
policies. However, developing an accurate housing price prediction model is a significant …

For many younger and lower-income people, housing affordability continues to worsen.
Based on the academic research of two distinguished housing economists–and stimulated …

We take advantage of two spatial discontinuities in Britain's Help to Buy (HtB) scheme to
explore the effectiveness and distributional implications of mortgage credit expansion …

This paper assesses to which degree housing purchase subsidies are capitalized into
property prices. Using a large-scale micro-dataset on German house prices, I exploit the …

We exploit a policy change in the UK Help-to-Buy (HTB) equity loan scheme in order to
identify the causal link between mortgage affordability and entrepreneurship activity at the …

Partial Ownership (PO), which allows households to buy a fraction of a home and rent the
remainder, is increasing in many countries with housing affordability challenges. We …

Purpose This paper assesses the lending risks associated with the level of total household
indebtedness at the local authority level across the UK. Design/methodology/approach …

This paper shows that relaxing borrowing constraints positively affects household
consumption in addition to stimulating housing market activity. We focus on the UK Help-to …

This paper studies how the introduction of macroprudential policies in the Swiss residential
mortgage market affected the propensity of households to become homeowners. We exploit …