Addressing Housing Market Imbalances

The European Commission is organising a one-day workshop on “Addressing housing market imbalances”.

The global financial crisis underlined the importance of housing developments for macroecononomic stability. EU countries have strengthened the policy framework to address boom-bust dynamics in the housing sector. However, questions remain on the effectiveness, timeliness and implementation difficulties of some of these policy measures, including the fiscal, macro-prudential or regulatory field. Moreover, housing affordability has become a pressing policy issue in many EU countries in recent years. The workshop aims at gathering researchers and policymakers to shed light on these questions.

The first session focuses on general issues associated with housing market imbalances, while the second session on macro-prudential measures, notably questions related to effectiveness and implementation difficulties. The workshop concludes with a policy panel discussing the experience of selected countries in addressing housing bubbles.