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Book Cover
E-book
Author Beidas, S. (Samya), author.

Title The housing cycle in emerging Middle Eastern economies and its macroeconomic policy implications / prepared by Samya Beidas-Strom, Weicheng Lian, and Ashwaq Maseeh
Published [Washington, D.C.] : International Monetary Fund, ©2009

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Description 1 online resource (29 pages) : color illustrations
Series IMF working paper, 2227-8885 ; WP/09/288
IMF working paper ; WP/09/288.
Summary This paper examines housing finance and housing price dynamics in selected emerging Middle Eastern economies over the past two decades. It finds that (i) mortgage markets have experienced rapid development, which has led to lower private per capita consumer spending volatility this decade; (ii) a downward price correction occurred in the housing market after 2007, which appears to have bottomed out; (iii) the rental market appears to be largely determined by region-specific economic fundamentals-a youthful working-age population and wealth variables; and (iv) a segregation between self-owned house and rental price dynamics exists in this region, rendering the former more sensitive to the business cycle
Bibliography Includes bibliographical references (pages 27-28)
Notes English
Print version record
Subject Housing -- Middle East -- Econometric models
Housing -- Africa, North -- Econometric models
Housing -- Prices -- Middle East -- Econometric models
Housing -- Prices -- Africa, North -- Econometric models
Mortgages -- Middle East -- Econometric models
Mortgages -- Africa, North -- Econometric models
Rental housing -- Middle East -- Econometric models
Rental housing -- Africa, North -- Econometric models
Housing -- Econometric models
Housing -- Prices -- Econometric models
Mortgages -- Econometric models
Rental housing -- Econometric models
North Africa
Middle East
Form Electronic book
Author Lian, Weicheng, author.
Maseeh, Ashwaq, author.
International Monetary Fund. Middle East and Central Asia Department.
ISBN 1451918496
9781451918496
9781451874334
1451874332
1462314384
9781462314386
9786612844751
6612844752
128284475X
9781282844759
1452724822
9781452724829