Année de Publication :
2011
Type : Chapître / Extrait
Thème : Logement et habitat
This chapter compares a number of housing policies for a range of OECD countriesand concludes that badly-designed policies can have substantial negative effects onthe economy, for instance by increasing the level and volatility of real house pricesand preventing people from moving easily to follow employment opportunities.Some of these policies played an important role in triggering the recent financial andeconomic crisis and could also slow down the recovery. The chapter makes somerecommendations for efficient and equitable housing policies that can alsocontribute to macroeconomic stability and growth.