Journal of
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Archive » June 2014 » Italian households and mortgages affordability index

Italian households and mortgages affordability index

Vincenzo Chiorazzo, Pierluigi Morelli
June 2014
Jel codes: G21, G23, D14

The affordability index of Italian households analyzes the factors influencing the households’ propensity to buy an house with a mortgage loan. In 2013, the index recorded a significant improvement returning to pre-crisis levels, due to the houses prices decrease and to the fall of interest rates on mortgages

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