House prices and rents have risen faster than inflation in most OECD countries
Housing increasingly weighs on household budgets
Low-income households spend much of their earnings on housing
Housing supply has not kept pace with income growth in most countries
Supply elasticities differ across metropolitan areas
House prices can evolve very differently across regions
Governments are investing less in housing
House prices and business cycles are tightly linked
A rebound followed the construction crash in many countries
Mortgages account for the bulk of household debt