Housing Strikes Back: Remaining Attuned to Risks

• Author: Anil Ari
• Pages: 9-11

Illustration: Laura Spofford

9IMF RESEARCH perspectives | IMF.org/researchbulletin

It’s déjà vu all over again!

House prices are going

through the roof in major

cities across the globe,

reviving memories of the

US boom that ended in a

global nancial meltdown.1

They are also raising concern

about affordability, with

millennials increasingly priced

out and at risk of turning into

“forever renters.”

1See, for example, these recent articles on

London, Hong Kong, and Los Angeles.

Anil Ari

aari@IMF.org