Real estate wealth by institutional sector
Gh. Poullet
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Gh. Poullet: National Bank of Belgium
Economic Review, 2013, issue i, 79-93
Abstract:
The goal of the article is to provide estimates on the value of real estate assets in Belgium. Data sources and methodology are described in detail. In addition to overall estimates, the article breaks down holdings by region, type of property and type of owner using a classification system that is consistent with the European system for national accounts. Properties owned by individuals, the largest segment of owners, are analysed in greater detail, notably according to the owner’s region of residence. Two efforts to map real estate ownership distribution among individuals are also presented. The share of real estate in the total assets of individuals is also examined, and the article looks at levels of mortgage debt. The authors limit their observations to recent trends rather than conducting an in-depth economic analysis.
Keywords: housing; non-financial assets; households (search for similar items in EconPapers)
JEL-codes: D14 D31 R31 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:nbb:ecrart:y:2013:m:june:i:i:p:79-93
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