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European Salon de News, Discussion et Klatsch - 27 October | 174 comments (174 topical, editorial, 0 hidden)
Re: Special Focus (none / 0)
Do you mean housing or household?

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Carrie (migeru at eurotrib dot com) on Tue Oct 28th, 2008 at 04:07:04 AM EST
[ Parent ]
Re: Special Focus (none / 0)
I used both, and both appropiately: the aggregate figure (thick grey line) is total credit for households, the two highlighted elements of it are credit to households for buying homes, e.g. housing credit.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Tue Oct 28th, 2008 at 05:36:10 AM EST
[ Parent ]
Re: Special Focus (none / 0)
So you're saying the foreign credit is mortgage credit?

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Carrie (migeru at eurotrib dot com) on Tue Oct 28th, 2008 at 05:44:45 AM EST
[ Parent ]
Re: Special Focus (none / 0)
I'm not saying anything, but from the Central Bank's graph, it does indeed appear that foreign-denominated credit in the household sector is chiefly homeowner credit. (There are foreign-denominated credits in the commercial sector, too.)

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Tue Oct 28th, 2008 at 07:55:18 AM EST
[ Parent ]

European Salon de News, Discussion et Klatsch - 27 October | 174 comments (174 topical, 0 editorial, 0 hidden)
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