Lautenschläger highlights ‘unbelievable heterogeneity' in eurozone housing markets
Also has ‘Christmas wish list' with additional macro-prudential instruments
The European Central Bank's (ECB) Sabine Lautenschläger today highlighted the "variation" in asset ownership across the eurozone, suggesting it makes it more difficult to craft balanced macro-prudential policies to curb imbalances.
Speaking at a conference in Stockholm on macro-prudential policy, organised by Sveriges Riksbank, Lautenschläger said it was not feasible to talk about the eurozone "as a whole" because "the heterogeneity is unbelievable".
She noted the German housing market was
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