Assessing House Prices with Prudential and Valuation Measures /

In this paper we provide tools for assessing the house prices and housing valuation. We develop two approaches: (i) borrowing capacity approach, and (ii) intrinsic value approach. The borrowing capacity of households, together with their down payment, implies how much housing they can attain. In the...

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Bibliografiske detaljer
Hovedforfatter: Andrle, Michal
Andre forfattere: Plaail, Miroslav
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2019.
Serier:IMF Working Papers; Working Paper ; No. 2019/059
Online adgang:Full text available on IMF