boligprispress
Boligprispress is a term used to describe sustained upward pressure on housing prices in a given market, resulting from a misalignment between demand and supply and influenced by macroeconomic and financial conditions. The concept is common in Norwegian and Danish discourse and is used to discuss how house prices can rise faster than incomes, rents, and broader price levels.
Causes of boligprispress include strong population growth and urbanisation, rising incomes, and expectations of price increases,
Indicators used to identify boligprispress include house price indices growing faster than wages, increasing price-to-income and
Impacts and risks include higher household leverage, reduced mobility due to affordability constraints, and potential financial
Policy responses often involve macroprudential tools (limits on loan-to-value ratios, debt service requirements, and amortisation), as