Piecing together disparate data for economic and market insights
Recent evidence of a sharp slowdown in house construction in major markets poses downside risks to global growthNeelkanth Mishra | Apr 10 2023 | 10:31 PM IST This appeared in the Business Standard on April 11, 2023 (link). An important and potent channel of monetary policy transmission is the housing market. Weakness in housing demand … Read more
Housing down-cycle shaved more than 1 per cent from growth annually for nearly a decade; it is turning now Neelkanth Mishra | Last Updated at December 13, 2021 23:10 IST This appeared in the Business Standard on 14 December 2021 (link). India needs to build one crore new houses every year. The country’s population will … Read more
In this episode of PanchaMantra, we discuss the housing market. Housing is one of the highest value needs of a family. In India, structural demand growth should persist for at least two more decades if not longer. Why then did a prolonged down-cycle in dwelling construction shaved more than one percent a year from GDP … Read more