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"New Ways of Modeling Loan-to-Income Distributions and their Evolution " by Florian Gerth and Grigory Temnov


Abstract
This paper analyzes the effects of recently introduced macroprudential policies on the financial stability of the Irish economy. We use an empirical approach that is based on the statistical modeling of bivariate loan-income distributions, and find that for First Time Buyers (FTBs) borrowing limits improve financial stability risks; meaning, excessive lending has been effectively restricted. Nonetheless, preliminary evidence for Second Subsequent Buyers (SSBs) shows that financial stability actually worsens. This is because, for the sample at hand, imposing borrowing limits leads lower-income earners to increase their mortgage-borrowing. This finding challenges the one size fits all approach of Irish policy makers. ....

First Time Buyers , Second Subsequent Buyers , Financial Stability , Macro Prudential , Robability Copula , முதல் நேரம் வாங்குபவர்கள் ,

Housing boom in New Zealand threatened by loan, tax changes. Will Australia follow?


Housing boom in New Zealand threatened by loan, tax changes. Will Australia follow?
Posted 6
updated 3
AprApril 2021 at 11:42pm
Brendon and Gauri Miszka are trying to buy their first home in Sydney during the city s latest property boom.
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IT professional Brendon Miszka and his wife Gauri are inspecting a house in Sydney s north-western suburbs.
They re looking to buy their first home but, despite good jobs and a decent deposit, they re finding it tough.
I think we re competing with a lot of people that would be happier to take a lot more risk, Brendon says.
Property consultant Edwin Almeida has worked on both sides of the fence, buying and selling for clients. ....

New Zealand , New South Wales , New Zealanders , Brad Olsen , Edwin Almeida , Eliza Owen , Felicity Emmett , Brendon Miszka , Sharon Zollner , Michael Janda , Australia Labor Party , Reserve Bank , Labor Party , Wayne Byres , Real Estate , House Prices , Property Investment , Negative Gearing , Capital Gains , Tax Deductibility , Macro Prudential , Interest Rates , புதியது ஜீலாந்து , புதியது தெற்கு வேல்ஸ் , பிராட் ஓல்‌ஸெந் , எட்வின் அல்மேடா ,