Changes in mortgage LTV schemes are we facing new price bubble on residential market?

This paper describes the situation on the current residential real estate market in the Czech Republic, which is driven by Prague residential market. We are facing continuous price increase over the past few years. Recently banks came with a new regulation scheme for mortgages, which limits maximum...

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Veröffentlicht in:	Annual Conference on Finance and Accounting (18. : 2017 : Prag) The impact of globalization on international finance and accounting
1. Verfasser:	Mazáček, David (VerfasserIn)
Format:	UnknownFormat
Sprache:	eng
Veröffentlicht:	2018
Schlagworte:	Banking regulation > Interest rates > Price bubbles > Real estate > Aufsatz im Buch > Kongressbeitrag
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Zusammenfassung:	This paper describes the situation on the current residential real estate market in the Czech Republic, which is driven by Prague residential market. We are facing continuous price increase over the past few years. Recently banks came with a new regulation scheme for mortgages, which limits maximum amount could be lent in percentage of the apartment purchase price. This paper analyses if the residential market in Prague is facing new bubble on the market and if this step taken by banks in mortgage lending is caused by defensive strategy or if the market is not facing any big troubles and the change in LTV is just the regulatory step.
ISBN:	9783319886558 9783319687612 3319687611