Housing markets – squaring supply and demand
Event type
one-day conference
Date
17. november 2026
Venue
Národná banka Slovenska
Congress Hall
Imricha Karvaša 1
Bratislava
Partners
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.
Keynote speaker
Professor John Muellbauer (Nuffield College, Oxford)
Registration
Program
09:00
Opening remarks and welcome
Reiner Martin, Executive Director · National Bank of Slovakia and SUERF Council
09:15
Keynote lecture
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
Angelos Athanasapoulos, Head, Macrofinancial Risk Assessment · Central Bank Of Ireland
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
11:15
Coffee break
11:45
Session 1: Evidence on housing affordability
Chair: Joan Paredes, Director, Economic and Monetary Analysis Department · 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: Jochen Mankart, Director, Research Department · 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: Jan Klacso, Head of the Financial Stability Research Section · 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
Submissions
Authors are encouraged to submit theoretical or empirical papers mainly focusing on the implications of different fiscal, monetary and macroprudential policies on housing affordability, supply and demand.
Interested authors should submit full papers through the online submission form in PDF format.
Submission deadline: 15 July 2026
Authors of accepted papers will be notified by mid-September 2026.
More information
Scientific Committee
Reiner Martin (NBS and SUERF)
Ernest Gnan (SUERF)
Dragana Popovic (SUERF)
Ján Klacso (NBS)