Targeted financing would not solve housing crisis – research
National Bank of Denmark argues against allowing premature pension withdrawals for housing
Helping the younger generations buy their first homes would not have its desired effect of easing access to the housing market, new research from the National Bank of Denmark shows.
The paper’s authors analyse three suggestions to help with home purchases: the first would allow pension savings to be used as down payments; the second would lower pension contributions to increase disposable income; and the third would create mechanisms whereby homebuyers’ own funds would be combined with third
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