Relevant:
- Norway Bank Regulator Calls for Tougher Mortgage Loan Rules (NORWAY)
- Norway's Sovereign Wealth Fund ‘Not Enthusiastic' on Property Investments
- Australia moves to dial down financial stability risks in home loans from Non-bank lenders
- Looking into the Japanese real estate mirror: Residential home prices in Japan back to levels last seen 30 years ago in spite of near zero percent mortgage rates.
- Nordic Economies Risk Housing Market Collapse
2012-07-09 — bloomberg.com
Norway's Finance Minister Sigbjoern Johnsen is putting pressure on the country's banks to rein in mortgage lending to over-indebted households as the government grapples with the growing threat of a property bubble.
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Norway's housing market boom has seen property prices surge almost 30 percent since 2008, while the country's household debt burden will surpass 200 percent of disposable incomes next year, according to central bank estimates.
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