European Parliament Library

Spain :, Financial Sector Assessment Program: Technical Note: Housing Prices, Household Debt, and Financial Stability

Abstract
This report reviews the macroeconomic determinants of the rapid growth in the Spanish housing market, including various policy elements. It examines the vulnerabilities of households' finances as a result of the rapid growth of housing prices and mortgage debt. It also describes the Spanish mortgage market and assesses the resilience of the financial sector to a possible adjustment in the housing and mortgage markets. It presents a market-based indicator to show the market views on the quality of the mortgage portfolio and also provides recommendations
Table Of Contents
""Contents""; ""HOUSING PRICES, HOUSEHOLD DEBT, AND FINANCIAL STABILITY""; ""I. HOUSING PRICES ""; ""II. HOUSEHOLD DEBT AND THE MORTGAGE MARKET""; ""III. THE MORTGAGE MARKET AND FINANCIAL SECTOR STABILITY ISSUES""; ""IV. MORTGAGE- BACKED SECURITIES""; ""V. CONCLUSIONS AND RECOMMENDATIONS""; ""REFERENCES""
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (27 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9780145199296

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