Laura Valderrama: European Housing Markets at a Turning Point

<p class="MsoNormal"><span style="font-size: 14.0pt;">The last few months have witnessed tensions in Europe's housing markets as the cost-of-living crisis has eroded real incomes and the surge in interest rates has made borrowers more vulnerable to financial distress. Laura Valderrama is a macro-financial expert and coauthor of new research that suggests house prices across Europe are overvalued, and housing markets are at risk of a price correction that could undermine the region's economic recovery. <span style= "mso-spacerun: yes;"> </span></span></p> <p class="MsoNormal"><span lang="FR" style= "font-size: 14.0pt; mso-ansi-language: FR;" xml:lang="FR"><a href= "http://traffic.libsyn.com/imfpodcast/Laura_Valderrama-transcript-IMF_Podcast.pdf"> Transcript</a>: https://bit.ly/42Dm33U</span></p> <p class="MsoNormal"><span lang="FR" style= "font-size: 14.0pt; mso-ansi-language: FR;" xml:lang="FR">Read the research paper at: https://www.imf.org/en/Publications/WP  </span></p>