House price affordability, the global financial crisis and the (ir)relevance of mortgage rates

Although house prices and wages are both influenced by distinct factors that shape their own evolutions, they are also intrinsically connected through house price affordability. Further, macroeconomic policies centred around adjustments in the mortgage rate are of prime importance in ensuring that t...

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Bibliographic Details
Main Authors: Graham Squires, Don J. Webber
Format: Article
Language:English
Published: Taylor & Francis Group 2019-01-01
Series:Regional Studies, Regional Science
Subjects:
Online Access:http://dx.doi.org/10.1080/21681376.2019.1643777