Mortgage loan regulation instruments around the world

Petr Polak and Lubos Komarek

A chapter in CNB Global Economic Outlook - July 2020, 2020, pp 13-19 from Czech National Bank, Research and Statistics Department

Abstract: The property market has been experiencing a long-running and seemingly endless boom. Until an unexpectedly strong adverse shock occurred in the form of the coronavirus pandemic, the situation in many countries had been assessed as a clear market overheating with overvalued property prices. Property prices are closely followed by households, the real estate sector and commercial banks as well as by supervisory and prudential authorities. The latter use the tools available to them to try to take the action necessary to ensure the stability of the financial system. Calm and sustainable property prices are crucial for such stability. This article provides a brief overview of the possible ways of regulating mortgage loans together with the arguments available in the - mostly still only emerging - academic literature.

Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.cnb.cz/export/sites/cnb/en/monetary-po ... 0/gev_2020_07_en.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cnb:ocpubc:geo2020/7

Access Statistics for this chapter

More chapters in Occasional Publications - Chapters in Edited Volumes from Czech National Bank, Research and Statistics Department Contact information at EDIRC.
Bibliographic data for series maintained by Tomas Karhanek ().