The economy was noticeably impacted by containment measures during the COVID-19 pandemic. As a result, homeowners and tenants had difficulty meeting their short-term obligations, such as paying mortgages and rent. In response to this dire situation, governments around the world implemented various restrictive and stimulating measures. These measures aimed to support tenants and homeowners during this ...
Die Bankenunion ist ein 2012 gestartetes Projekt der Europäischen Union (EU), mit dem die Zuständigkeit für die Bankenaufsicht von der nationalen Ebene auf die Europäische Zentralbank (EZB) als zentrale Institution übertragen wurde. Sie umfasst drei Säulen: den Einheitlichen Aufsichtsmechanismus (Single Super-visory Mechanism, SSM), den Einheitlichen Abwicklungsmechanismus (Single Resolution Mechanism, ...
Housing bubbles and crashes are catastrophic events for economies, implying the enormous destruction of housing wealth, the risk of financial defaults, construction unemployment, and business cycle downturns. This chapter investigates whether governmental housing policies can affect the propensity of economies to build up speculative house price bubbles. Specifically, we focus on rent and credit deregulation ...
