How has the mortgage regulation implemented in 2017 affected house prices in Oslo?
Master thesis
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Date
2018Metadata
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- Master of Science [1613]
Abstract
We show that regulatory mortgage and equity restrictions, implemented in Oslo in
2017, leveled the abnormal house price surge. Results indicate that both
regulatory measures analyzed in this thesis are causing the price reduction. The
paper provides evidence that the 40 percent equity requirement on secondary
homes affects investors particularly. Despite this feature investor-based real-estate
acquisitions increased post regulation, which is probably a result of the equity
growth stemming from the price hike pre-regulation.
Description
Masteroppgave(MSc) in Master of Science in Business, Finance - Handelshøyskolen BI, 2018