As the economic recovery continues, lenders should gain confidence that mortgage loans will perform well, and they should expand their lending accordingly. Credit for potential home purchasers with lower credit scores – in particular, the first-time homebuyers I discussed earlier – has likely also been affected by capacity constraints of mortgage lenders.
At the same time, we aim to assess experiences tested in real-life conditions. In short, we seek concrete conclusions and proposals for resolving pressing economic problems. It is this urgent need that dictates our choice of topics. Accordingly, last year’s conference focused on the issues of income inequality.