The Resource Housing Price and Investment Dynamics in Finland, Christophe André and Clara García, (electronic resource)

Housing Price and Investment Dynamics in Finland, Christophe André and Clara García, (electronic resource)

Label
Housing Price and Investment Dynamics in Finland
Title
Housing Price and Investment Dynamics in Finland
Statement of responsibility
Christophe André and Clara García
Creator
Contributor
Subject
Language
eng
Summary
The Finnish housing market is volatile. After declining significantly as the global financial crisis unfolded, housing prices and investment recovered to reach new peaks. This paper uses a small econometric model to assess the role of fundamentals in housing price and investment developments. Current housing valuations and residential investment are broadly in line with the model estimates. Housing market volatility is exacerbated by fluctuations in the wider economy, which given its size and openness is vulnerable to external shocks. Structural features of the housing market also make it prone to volatility. The paper describes institutional characteristics of the Finnish housing market that bear on house price volatility and supply responsiveness. These relate to the structure of tenures, housing taxation and subsidies, social housing, financing, land-use planning, and competition in the construction industry
Member of
Cataloging source
FR-PaOEC
http://library.link/vocab/creatorName
André, Christophe
Government publication
international or intergovernmental publication
Index
no index present
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
García, Clara
Series statement
OECD Economics Department Working Papers,
Series volume
no.962
http://library.link/vocab/subjectName
  • Economics
  • Finland
  • Urban, Rural and Regional Development
Label
Housing Price and Investment Dynamics in Finland, Christophe André and Clara García, (electronic resource)
Instantiates
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
795462415
Dimensions
21 x 30 cm
Extent
1 online resource 30 pages
File format
one file format
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/5k98rwldjr44-en
Specific material designation
remote
System control number
(OCoLC)795462415
Label
Housing Price and Investment Dynamics in Finland, Christophe André and Clara García, (electronic resource)
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
795462415
Dimensions
21 x 30 cm
Extent
1 online resource 30 pages
File format
one file format
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/5k98rwldjr44-en
Specific material designation
remote
System control number
(OCoLC)795462415

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