Credit constraints have small impact on housing market – paper

house and keys

Housing prices go up a little when down payment requirements are relaxed, but the response is probably not enough to drive house price booms, an economist at the Reserve Bank of Australia argues.

In a research paper, Tom Cusbert, research manager at the Reserve Bank of Australia, re-examines the findings of a survey conducted in the US in 2021, to assess the effects of credit constraints on housing prices.

In the survey, researchers asked people how much they would be willing to pay for a home

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.