OECD Housing Gateway

Housing is a central component of households' wealth and debt

Housing features prominently not only in household expenditure budgets but also in their balance sheets, because it accounts for the largest share of both household assets and liabilities. As a result, housing policies have large distributional implications for the value and the composition of housing wealth. Credit conditions, structures of financial markets, institutional characteristics of rental markets and taxations settings are among the drivers of homeownership and mortgage exposure.

This section provides an overview of the main outcomes related to housing as an investment and its role in household wealth and debt.