How has the LVR restriction affected the housing market: a counterfactual analysis

Release date
01/05/2014
Reference
AN2014/03
Author
Gael Price
ISSN
2230‐5505
This paper estimates a counterfactual scenario of what might have happened to housing market indicators since late 2013 if the LVR restriction had not been implemented. House prices and credit growth have been weaker than suggested by that counterfactual model.