Housing Markets in Scandinavia: Supply, Demand and Regulation

Kjersti Næss Torstensen and Kasper Roszbach ()
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Kjersti Næss Torstensen: Norges Bank
Kasper Roszbach: Norges Bank

Chapter Chapter 11 in Hot Property, 2019, pp 129-139 from Springer

Abstract: Abstract This chapter discusses the recent developments in the housing markets of Scandinavian capital cities and some of the related policy challenges. We briefly review demographic trends, both over the past 10 years and looking ahead, and show that housing supply shortages have been building up, contributing to rising house prices. Drawing on a few recent housing market studies, we go over the observed and likely consequences of housing shortages and house prices rises. Finally, we discuss the geographical mortgage policy implemented in Norway, with a particular focus on restricting mortgage lending in Oslo a year ago.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-11674-3_11

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DOI: 10.1007/978-3-030-11674-3_11

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