摘要：This paper discusses Risk Lighthouse’s methodology of calculating actuarial housing values, with the goal of helping mortgage lenders to gauge departures of housing market values from the fundamentals, and assisting policymakers with tools for implementing counter-cyclical policies. In the aftermath of the U.S. housing bubble burst, many policymakers are in favor of having some sort of countercyclical measures: Housing prices are reined in when they depart too far (too high or too low) from the fundamentals.
