Post-socialist housing meets transnational finance: Foreign banks, mortgage lending, and the privatization of welfare in Hungary and Estonia

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European Integration, Capitalist Diversity and Crises Trajectories on Europe’s Eastern Periphery (2018, background): “As more than 80 per cent of mortgages were taken in Swiss Franc rather than Hungarian forint, private indebtedness soared (Bohle 2014).”
Housing prices and wealth inequality in Western Europe (2019, background): “Recent works in CPE have also demonstrated that house price inflation is closely connected to the institutions that shape income growth and mortgage markets (see Johnston and Regan 2017; Schwartz and Seabrooke 2008), and that housing is central to the politics of social policy preference formation, ”
Financial nationalism and its international enablers: The Hungarian experience (2015, background): “From 2003 to 2008, credits to households grew by more than 20 percent per year, and the share of foreign-currency loans as a part of overall loans to households leapt from 5 percent to 70 percent (Bohle, 2014).”