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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| Materialtyp: | Tidskrift |
| Språk: | English |
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Washington, D.C. :
International Monetary Fund,
2019.
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| Serie: | IMF Working Papers; Working Paper ;
No. 2019/059 |
| Länkar: | Full text available on IMF |