EL MERCADO INMOBILIARIO DEL REINO UNIDO: EXPERIENCIA, RIESGOS Y RESPUESTAS POLÍTICAS ()

The UK property market has experienced a long history of boom and bust In property markets. Some of these episodes have coincided with particularly sharp falls In activity, partly contributed to by distress within the financial sector. Prices and transactions In UK property markets, having gone thro...

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Bibliographic Details
Published in:Papeles de economía española 2014-01 (140), p.19
Main Authors: Cunliffe, Jon, Benford, James, Burrows, Oliver, Wheeler, Tracey
Format: Article
Language:Spanish
Subjects:
Central banks
Monetary policy
Property values
Real estate
Studies
Online Access:Get full text
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Summary:The UK property market has experienced a long history of boom and bust In property markets. Some of these episodes have coincided with particularly sharp falls In activity, partly contributed to by distress within the financial sector. Prices and transactions In UK property markets, having gone through a sharp correction In the aftermath of the 2007-8 recessions, are now growing rapidly. This article reviews the links between property markets, the financial system and the economy, In light of the UK experience and considers the lessons for policy.
ISSN:0210-9107
2254-3457