Housing Market Stability and Affordability in Asia-Pacific

By Mr. Pragyan Deb, Mr. Harald Finger, Kenichiro Kashiwase, Yosuke Kido, Siddharth Kothari, Mr. Evan Papageorgiou, Henry Hoyle, Anne Oeking

Housing Market Stability and Affordability in Asia-Pacific
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The paper intends to highlight challenges in Asian housing markets linked to fast price rises especially in the advanced economies since COVID, and more broadly including many EMs in the period leading up to COVID. It aims to draw policy lessons on how to manage stability aspects through macroprudential and other policies and how to support affordability through structural policies and targeted government support.