Risks to the Commercial Property Market and Financial Stability

4 Pages Posted: 9 Apr 2007

See all articles by Nigel Jenkinson

Nigel Jenkinson

Bank of England - Monetary Analysis and Statistics

Abstract

In this speech, Nigel Jenkinson, Executive Director for financial stability, discusses risks to the financial system from the commercial property market, which in the past has been particularly vulnerable to any cyclical deterioration. He concludes that although there are currently similarities with previous booms, including sharp price rises, there are also important differences, including the benefits of continued financial market innovation. Against this background, it is prudent to monitor market conditions closely and to stress test portfolios against adverse outcomes.

Suggested Citation

Jenkinson, Nigel, Risks to the Commercial Property Market and Financial Stability. Bank of England Quarterly Bulletin 2007 Q1, Available at SSRN: https://ssrn.com/abstract=978743

Nigel Jenkinson (Contact Author)

Bank of England - Monetary Analysis and Statistics

Threadneedle Street
London EC2R 8AH
United Kingdom

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
122
Abstract Views
905
Rank
427,099
PlumX Metrics