ABSTRACT
This conclusion presents some closing thoughts on the key concepts discussed in the preceding chapters of this book. The book describes the home ownership aspiration as part of the concept of “hope”. Access to finance to help satisfy this desire may be one of the threads that help to hold society together. The macroprudential policymakers are faced with the unenviable task of attempting to suppress the means of financing the homeowning aspiration. A systemic financial crisis can result from a number of causes, including those that are episodic such as a war or major operational failure. The book presents that these quantitative measures should not be discarded but expectations as to their effectiveness must be lowered. They provide macroprudential signals of concern to the markets, government, and more broadly. The macroprudential policymaker needs to identify the issues and to act swiftly, effectively and with resolution.
