# Estonian housing market: affordability problem and regulatory framework (May 2013) * **Estonian housing market: affordability problem and regulatory framework** * By Angelika Kallakmaa‐Kapsta and Ene Kolbre. Published in [International Journal of Housing Markets and Analysis](https://www.emerald.com/insight/publication/issn/1753-8270) on 31 May 2013 * Full version of this paper is behind a paywall: * **Abstract**: * The study was trying to find out **how to evaluate the affordability of housing in the Estonian market** and **to assess the regulatory framework decisions' impact on the housing market** in Estonia. * Results: "Calculations show that there is an affordability problem, and **political decisions have helped to make housing loans affordable for households, but at the same time the high debt burden has weakened households' financial position."** * Moreover, the study brings up an interesting element linked to the methodology of research and its limitations - it would have been possible to research the market **using the databases of credit institutions,** but the given data is under the protection of banking confidentiality. * **Keywords**: Estonia, housing market, affordability, regulation, financialisation, real estate, debt burden, right to housing, rental housing, housing loans --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://housing-base.journalismarena.eu/big-landlords/academic-reports-and-papers/estonian-housing-market-affordability-problem-and-regulatory-framework-may-2013.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.