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Housing price and investment dynamics in Finland

Posted on: 14 June 2012
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This paper from the OECD uses a small econometric model to assess the role of fundamentals in housing price and investment developments in Finland. The paper describes institutional characteristics of the Finnish housing market that bear on house price volatility and supply responsiveness. These relate to the structure of tenures, housing taxation and subsidies, social housing, financing, land-use planning, and competition in the construction industry.

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