01587cas a2200241 a 4500 AALejournalIMF005762 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451812299 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Spain : Selected Issues. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (93 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Spain's housing boom was supported by rapid economic expansion, strong employment growth, an immigration boom, and low real interest rates. With the abrupt drying up of funding since mid-2007, these factors have eroded quickly. Through 2010, employment and value added in construction are projected to halve as peak housing starts are completed. The authorities have launched efforts to help limit foreclosures and to activate the underdeveloped rental market. In the medium term, housing market cyclicality could be reduced by fading out generous home ownership incentives. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2009/129 Full text available on IMF http://elibrary.imf.org/view/journals/002/2009/129/002.2009.issue-129-en.xml IMF e-Library