“Interview with Lars E.O. Svensson,” in Global Housing Watch Newsletter, March 30, 2015, where I answer the following questions:

1. The need to keep monetary policy rates low to support an ailing economy, but at the same time, manage a boom in the housing market—that’s the scenario in which many policymakers around the world find themselves in. How should policymakers approach this type of scenario?
2. Can monetary policy be used to manage problems associated with a housing boom?
3. How can policymakers assess whether household debt poses a problem?
4. So, if monetary policy is not suitable, how can any problems with household debt be handled?