Policy responses to Covid 19 driven housing crisis by Konstantin A. Kholodin, DIW Berlin

Policy responses to Covid-19-driven housing crisis

Konstantin A. Kholodilin

DIW Berlin and NRU HSE May 14, 2020

Kholodilin (DIW Berlin and NRU HSE)

OECD Policy Round Table

14.05.2020

1/4

Four main tools

Mortgage relief

Eviction ban

Rent freeze

Rent subsidies

Kholodilin (DIW Berlin and NRU HSE)

OECD Policy Round Table

14.05.2020

2/4

Most widespread reactions in Americas and Europe

Kholodilin (DIW Berlin and NRU HSE)

OECD Policy Round Table

14.05.2020

3/4

26 OECD states among 65 countries

Mortgage relief and eviction bans as dominant tools ESP CAN AUS PRY PAN IRL CZE COL ARG DZA ALB PRT LUX URY USA GBR UGA TUN SVK SLV PHL MEX MAR ITA ISR HUN DEU CYP BRA BOL BEL AUT AGO ROU MLT SVN SMR RUS POL NOR NAM LTU LBN KAZ JAM HRV BGR BIH CIV ETH CRI ECU ARE CHE ZAF PER PAK NZL NLD COD NPL GAB VEN GIN GRC

48

45

19

11

agreed privately planned enacted

Mortgage relief

Kholodilin (DIW Berlin and NRU HSE)

Eviction ban Rent freeze Source: own representation

OECD Policy Round Table

ESP CAN AUS PRY PAN IRL CZE COL ARG DZA ALB PRT LUX URY USA GBR UGA TUN SVK SLV PHL MEX MAR ITA ISR HUN DEU CYP BRA BOL BEL AUT AGO ROU MLT SVN SMR RUS POL NOR NAM LTU LBN KAZ JAM HRV BGR BIH CIV ETH CRI ECU ARE CHE ZAF PER PAK NZL NLD COD NPL GAB VEN GIN GRC

Rent subsidy

14.05.2020

4/4