Housing Finance in the Aftermath of the Foreign-Currency Mortgage Crisis in Eastern Europe: Editorial

This special issue expands on the existing research on foreign-currency lending and the forex loan crisis in Eastern Europe by investigating other forms of housing-related finance and post-crisis developments. Bringing together hitherto disparate strands of research, our issue traces the linkages between macroeconomic developments, state measures, class dynamics, and social movements in the aftermath of the forex loan crises in Latvia, Romania, Croatia, Bosnia and Herzegovina, and Hungary as part of their long-term trajectories of housing finance. We find that despite different political-institutional articulations, these trajectories all feature a new expansion of lending based on a bifurcation of the credit market into more secure, often subsidised mortgage lending aimed at better-off debtors and more risky non-mortgage loans used for housing purposes by more precarious households.

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Document Type
article
ISSN
2336-2839
Volume / Issue
9 / 1
Pages
39-47
Date of publication
25.6.2022

Cite this article

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Gagyi, Á. , M. Mikuš 2022. ‘Housing Finance in the Aftermath of the Foreign-Currency Mortgage Crisis in Eastern Europe: Editorial.’ Critical Housing Analysis 9 (1): 39-47. https://doi.org/10.13060/23362839.2022.9.1.539