Housing markets – squaring supply and demand

SUERF and the National Bank of Slovakia (NBS) are organizing a one-day conference, which will take place in person in Bratislava at the premises of the NBS on 17 November 2026. The conference aims to focus on various factors driving housing supply and demand in the short and medium- to long run and to compare various policies pursued by different countries over the years, and the implications of these policies for housing costs, and housing supply and demand. A comparative view of the impact of taxation and other governmental policies is of particular interest.

Scientific Committee
Reiner Martin (NBS and SUERF), Ernest Gnan (SUERF), Ján Klacso (NBS)

Programme last updated on 28 August 2026. Further speakers will be announced shortly.

Program

Time

Tuesday, 17 November 2026

09:00

Opening remarks and welcome

Reiner Martin, Executive Director · National Bank of Slovakia and SUERF Council

09:15

Keynote lecture "title tba"

John Muellbauer, Professor of Economics · Nuffield College, Oxford

Introduced by Ernest Gnan, Secretary General · SUERF

10:00

Policy panel: Current measures

Chair: Reiner Martin, Executive Director · National Bank of Slovakia

Marek Ličák, Director of Macroprudential Supervision · National bank of Slovakia

Luiz De Mello, Director of the Country Studies Branch · OECD

Carsten Detken, Head of Division, Macroprudential Policy · European Central Bank (ECB)

Benjamin Weigert, Chief Economist · Ministry for Economic Affairs and Energy (tbc)

11:15

Coffee break

11:45

Session 1: Evidence on housing affordability

Chair: tba, · National Bank of Slovakia

Housing affordability in Europe: a critical survey of issues

Dubravko Mihaljek, Croatian National Bank

The macroeconomic impact of housing affordability in Europe

Chiara Fratto, European Investment Bank (EIB)

co-author(s): Magnus Raab

Property taxes and residential real estate – theory and E(U)mpirics

Jiří Procházka, National Bank of Slovakia

co-author(s): Reiner Martin, Jan Klasco

13:00

Lunch

14:00

Session 2: What drives house prices?

Chair: tba, · National Bank of Slovakia

Monetary policy, property prices and rents: evidence from local housing markets

Nicolas Syrichas, Freie Universitaet Berlin

co-author(s): Martin Groiss

Developing a house price at risk framework for the UK

Tihana Škrinjarić, Bank of England

Housing growth decomposition: demand vs. supply-side drag

Filip Blaha, Czech National Bank

co-author(s): Martin Hodula, Jan Janků, Tomáš Karhánek, Roman Šustek

15:15

Coffee break

15:45

Session 3: Cross-country perspectives

Chair: tba, · National Bank of Slovakia

Understanding housing speculation in the European Union: A conceptual and empirical framework

Borek Vasicek, DG ECFIN, European Commission

co-author(s): Vitor Martins

Is there club convergence in the European housing markets?

Natalia Levenko, Bank of Estonia

Real estate markets and illicit financial flows

Jarko Fidrmuc, Zeppelin University Friedrichshafen

co-author(s): Zuzana Kostalova, Maria Siranova

17:00

Closing remarks

Tags:

Household finance, savings and consumption Macroeconomics, Growth and real economy Real Estate

Housing markets – squaring supply and demand

Venue

Format

Date

In cooperation with

Program

Housing markets – squaring supply and demand

Venue

Format

Date

In cooperation with

Program

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