Property markets, finance and the macroeconomy Let me start by outlining why we care about property finance. Property plays a central role in our society and – because of that – the economy. From a societal perspective, housing is the basis of stability and security for an individual or a family.
Developments in 2006 show that in an upswing it is indeed possible to boost employment by reducing unemployment, increasing the participation rate and importing labour from abroad at the same time. This strategy should be maintained. The Council's forecasts indicate that the capacity pressure will continue, and consequently fiscal policy should not stimulate activity.