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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2009
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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 |
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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? |
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Housekeeping for regulators of volatile housing markets |
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Housekeeping for regulators of volatile housing markets |
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Housekeeping for regulators of volatile housing markets |
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Housekeeping for regulators of volatile housing markets |
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Housekeeping for regulators of volatile housing markets |
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housekeeping for regulators of volatile housing markets |
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Institutional Knowledge at Singapore Management University |
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2009 |
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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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