Homeowners' budgets and debt servicing capacity projections
Economic Memo - June 2023 - No. 4
Authors
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Martinello, Alessandro; Meyer, Bjørn Bjørnsson; Rhode Nissen, Rikke
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Subject
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Financial stability; Denmarks Nationalbank´s analyses of financial stability; Inflation, wages and prices
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Type
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Economic Memo
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Year
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2023
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Published
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1 June 2023
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By 2023, because of inflation and rising interest rates the monthly budget of an additional 3.4 percent of homeowners would be insufficient to obtain their current loans from a Danish credit institute. Further, in case of unemployment the budget of 3 out of 4 affected households would be severely impacted despite insurance and spousal income.
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