Global housing market booms and their effects on household wealth inequality (1995–2022)

1. Housing becomes a central wealth engine

   Jan 1, 1995Labels: Owner-occupied housing, Mortgage

   • WIR 2022
   • OECD Housing

2. Cross-country house price indicators standardize

   Jan 1, 2000Labels: Real house, Price-to-income ratio

   • OECD Housing
   • IMF Housing

3. Valuation metrics highlight affordability strain

   Jan 1, 2002Labels: Price-to-rent ratio, Affordability metrics

   • OECD Housing
   • IMF Housing

4. Mid-2000s housing boom lifts owner wealth

   Jan 1, 2005Labels: Mid-2000s boom, Homeowners

   • BIS RPP
   • OECD Housing

5. Subprime stress signals broader spillover risks

   Apr 1, 2007Labels: Subprime mortgages, Securitization

   • IMF GFSR

6. Global financial crisis triggers housing bust

   Sep 15, 2008Labels: Global financial, Highly leveraged

   • BIS RPP
   • IMF Housing

7. Post-crisis regulation targets mortgage-finance risks

   Jul 21, 2010Labels: Dodd Frank, Basel III

   • Congress gov
   • BIS Basel III

8. Recovery brings uneven housing wealth gains

   Jan 1, 2013Labels: Housing recovery, Property markets

   • BIS RPP
   • OECD Tracker

9. Top-end wealth concentration remains extreme globally

   Jan 1, 2018Labels: Wealth concentration, Real estate

   • WIR Ch 4
   • WIR 2022

10. COVID-19 declared a pandemic; housing dynamics shift

    Mar 11, 2020Labels: COVID-19 pandemic, Housing demand

    • WHO Remarks
    • IMF Housing

11. Pandemic-era price run-up increases home equity

    Dec 31, 2022Labels: Pandemic price, Home equity

    • Census SIPP
    • IMF Housing

12. By 2022, housing cycle ends with tighter conditions

    Dec 31, 2022Labels: 2022 tightening, Housing cycle

    • BIS RPP
    • WIR Ch 4