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The Norwegian regulators should impose more restrictive rules for the housing market compared to those in force abroad. This is because house prices and private debt have reached record levels, very different from those reported in the rest of the Old Continent. To make known, Bloomberg agency reported, was Morten Baltzersen, the number one of the Authority for the Financial Supervisory Authority (FSA) in the Nordic country.
"Our starting point is some concern for the growth of private debt and real estate prices in Norway," he said. And the measures taken will not be in line with the rest of Europe because - he said - the starting situation is very different.
