VATT day 13.10.2022: Housing policy now!
Housing is a big issue - we spend tens of billions on housing and it touches everyone of us. The housing market brings authorities, businesses and households together in many different ways - and with varying interests. With the help of research-based knowledge we are able to improve housing policy, make housing markets more fair and improve overall wellbeing.
Housing policy is one of VATT's core research areas and it is the theme of VATT day 2022. The takes place at Botta (Museokatu 10) from 1pm onwards.
The first part of the seminar is in English and focusses on the effects of housing regulation. The session is opened by Professor Christian Hilber (LSE), a leading researcher in the field of housing policy. In his keynote speech, he discusses restrictions to land use, which prevent the growth of housing supply when prices increase. The keynote speech is followed by two shorter presentations. In the first presentation, Cristina Bratu, who is transferring from Aalto to VATT in October, describes how constructing new housing triggers city-wide moving chains as people moving to new homes vacate their previous abode. In the second presentation, VATT senior researcher Sander Ramboer discusses the impact of mortgage regulation on homeownership and the build-up of household debt.
The second part of the seminar is in Finnish and looks at housing subsidies and taxation. Associate Research Professor and Academy Research Fellow Teemu Lyytikäinen provides a comprehensive review of housing taxation and assesses the impacts of the property tax reform, which has been in process for the past ten years. In her presentation, process manager Essi Eerola (Bank of Finland) discusses the impacts of housing subsidies aimed at low-income households and efficiency of the support system as a whole. The researchers' proposals for improving housing policy are commented by commented by Municipal finance manager Sanna Lehtonen from Association of Finnish Local and Regional Authorities (Kuntaliitto) and Senior Researcher Signe Jauhiainen from the Social Insurance Institution of Finland (Kela).
You can find the program and more information about the speakers and the presentations on the VATT Day 2022 page.
VATT Day is a by invitation only event and the guest list is already full. Follow the VATT Day conversation on Twitter from 1pm, #VATT2022.
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