Soccer debt is growing at the fastest pace in the Union


Young people who have their own home resolution rapid growth.

November 22, 2018 at 12:17 AM SITA

Bratislava. Slovak families' debt is growing fastest throughout the EU and is the highest second among the central European and Eastern nations.

He said in his study the Finance Policy Institute of the Ministry of Finance.

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Housing and renting

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In part, the Institute's benefit is defined by strong demographic and macroeconomic foundations, such as, in particular, the increase in the three-day population and the growth of income higher than the GDP growth.

However, part of the increase, however, is explained and, if this move is ongoing, the dangers of the National Bank of Slovakia can already be in place; trying to be restored by managing.

From a public policy perspective, a more developed market for rented leasehold housing would help to; reducing possible chances.

A summary of its construction process, according to the Institute, would also be a & # 39; help reduce the price appraisal created by the delay given to the new building to the demand for dwellings.

Ten years ago at the end of the series

In 2016, total housing commitments amounted to 40 per cent of GDP. This is after Estonia is the second highest in Central and Eastern Europe, but up to 19 in the EU.

Ten years ago, this ratio was half and lowest throughout the EU.

So many of the home and abroad centers start to start. Assignment of homekeeping at Sacoa is a problem if this move is not down.

Although the international comparison shows that the shift in the arrangements is in particular to & # 39; falling on the pre-emergency leaflet in some countries in the region and that debt relief is attracted by low-risk housing loans, the reasons for concern may be justified by the Institute .

The increase expected on unpaid loans in emergencies tends to influence the economies with a high degree of value; arrears and so they can deepen their hard effects.

Young and the household

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According to the Institute, rapid growth is led by a young generation that deals with housing and, in particular, advanced macroeconomic developments, especially the gap between the dynamics of income- work and GDP growth.

According to the estimates from the Institute of Finance Policy, housing debt in recent years has been slightly more creative than those relevant features, and the imbalance can be a Collecting on the credit market if this move is & # 39; to follow.

The highest proportion of young people in the EU at Slovakia is old when they already have their own home resolution.

Houses terrible

It is also one of the countries where most of the young people are experiencing; stay with their parents, which is the basis of the Institute going to attractive homes, where there is only one room for everyone.

Although the number of decades has fallen in recent years, it is likely that the age of a quarter is still pushing for a strong demand for an estate.

However, this explains that the imbalance in debt-only debt is in part, and that policy makers are more aware, according to the Institute, which are expected.

Before the emergence, Spain and Ireland got the largest bubble in a northwest market, with the highest proportion of young people aged 25-39 years old.

The requirements for compensation over GDP are the most important economic factors that impact on housing debt technology.

Compared to the unemployment rate, it is best to copy the public power of power.

Housing decides on what the income is to & # 39; expectations, which can grow faster than GDP. As a result, a housing debt balance may be higher than the GDP stronghold, according to the Institute.

This decision is related to the economic crisis structure, anchored in a more active decline in unemployment. In the pre-emergency time, the economic development was based on productivity growth, leaving the mark of housing fencing.

National Bank Degrees

So far, the unbalanced growth in housing debt, according to the Institute, does not appear to be moderate in estate prices to be found, in particular due to NBS procedures, as well as stagnant family house prices.

Growth growth in land estates prices to 7.6 per cent in the & # 39; the first quarter of 2017, especially for the delayed provision of rooms.

Since the beginning of the year, price strongholds have been reduced in response to the balance of supply and demand, possibly also in terms of the NBS measure to limit the demand for loans.

The situation also helps the Institute, according to the Institute, that we do not; Seeing strong investment investment demand for homes as it was before.

The National Bank of Slovakia is more aware of the institution, according to the Institute. Not only because of the unequality in housing debt but also due to the risks in the banking department.

The section of loans was broken to households but under four per cent for the first time since its & # 39; case. European comparisons have a & # 39; pursuant to fair value.

Therefore, Slovakia does not belong to the countries in the eurozone, but also to the countries of the European constitution with the highest level and a small proportion of non-performing loans.

In addition, according to the Institute, the problem is not the current value of loan financing, but the extent to which the department of basic credit can jump where there is an emergency.

Therefore, it is important to look closely at the quality of its loan portfolio.

Stronger loans

In particular, according to the Institute, the deeper view of the regulator of consumer credit is essential.

Despite the favorable macroeconomic developments, the leasehold division rose up in 2016.

The structural change has been unique in the distribution of credit criteria, either due to the lower energy edges that allow banks to be restricted by lending, or as a result of The end of the business of different non-banking agencies in the autumn of 2015 is under pressure; National Bank and Treasury Department.

They have been targeting clients long term.

Banks could take part in this client department, which has shown a significant amount of unpaid loans, although it seems that there is very little redundancy; There is little impact on the general consumer belief in general.

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