Housekeeping for regulators of volatile housing markets

World housing markets have gone through a volatile period of boom and bust, triggering the financial crisis and subsequent economic downturn. While it might be tempting for governments to contemplate on housing bubbles by means of monetary policy or direct controls over housing prices, such moves ar...

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Main Author: Knowledge@SMU
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2009
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Online Access:https://ink.library.smu.edu.sg/ksmu/346
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1345&context=ksmu
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spelling sg-smu-ink.ksmu-13452018-07-09T04:20:47Z Housekeeping for regulators of volatile housing markets Knowledge@SMU World housing markets have gone through a volatile period of boom and bust, triggering the financial crisis and subsequent economic downturn. While it might be tempting for governments to contemplate on housing bubbles by means of monetary policy or direct controls over housing prices, such moves are far more complicated than it seems. Housing prices are influenced by various factors and governments have a limited handle on them at best. Raising interest affects other sectors of the economy - not just housing. So what can governments do? What should be the ultimate goal of housing policy? 2009-11-01T07:00:00Z text application/pdf https://ink.library.smu.edu.sg/ksmu/346 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1345&context=ksmu http://creativecommons.org/licenses/by-nc-nd/4.0/ Knowledge@SMU eng Institutional Knowledge at Singapore Management University Business Real Estate
institution Singapore Management University
building SMU Libraries
country Singapore
collection InK@SMU
language English
topic Business
Real Estate
spellingShingle Business
Real Estate
Knowledge@SMU
Housekeeping for regulators of volatile housing markets
description World housing markets have gone through a volatile period of boom and bust, triggering the financial crisis and subsequent economic downturn. While it might be tempting for governments to contemplate on housing bubbles by means of monetary policy or direct controls over housing prices, such moves are far more complicated than it seems. Housing prices are influenced by various factors and governments have a limited handle on them at best. Raising interest affects other sectors of the economy - not just housing. So what can governments do? What should be the ultimate goal of housing policy?
format text
author Knowledge@SMU
author_facet Knowledge@SMU
author_sort Knowledge@SMU
title Housekeeping for regulators of volatile housing markets
title_short Housekeeping for regulators of volatile housing markets
title_full Housekeeping for regulators of volatile housing markets
title_fullStr Housekeeping for regulators of volatile housing markets
title_full_unstemmed Housekeeping for regulators of volatile housing markets
title_sort housekeeping for regulators of volatile housing markets
publisher Institutional Knowledge at Singapore Management University
publishDate 2009
url https://ink.library.smu.edu.sg/ksmu/346
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1345&context=ksmu
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