Evidence from monetary VARs suggests that in the U.S., Canada, and U.K. impact of shocks on real house prices is about three to five times as large GDP. Although these trade-offs are not manifestly unfavorable, light differences magnitudes GDP fluctuations, a policy leaning against former would inevitably entail significant losses latter. I use identified order explore corresponding associated ...

This article discusses the relationship between house prices, wealth distribution and inequality. It considers long-term changes in overall New Zealand share of that is held form housing. also explores potential impact large increases prices using a ‘scenario’ approach – modelling effect price growth scenarios on 2018 and, turn, inequality, while holding all else constant. The shows how looking...