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Too Small to Thrive: The Housing Finance Market

In: Room for Development

Author

Listed:
  • Alessandro Rebucci
  • Arturo Galindo
  • Frank Warnock
  • Veronica Warnock

Abstract

Acountry’s housing finance system can help or hinder the provision of adequate housing. Access to financial markets influences the capacity of households to buy formal finished dwellings. A more developed mortgage market system can offer reasonably priced mortgage loans to a broad range of families. Financial markets are also essential to providing working and investment capital to land developers and builders, as houses take time and resources to build, and significant upfront resources are required to buy and develop serviced land.

Suggested Citation

  • Alessandro Rebucci & Arturo Galindo & Frank Warnock & Veronica Warnock, 2012. "Too Small to Thrive: The Housing Finance Market," Palgrave Macmillan Books, in: César Patricio Bouillon (ed.), Room for Development, chapter 7, pages 187-210, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-03146-4_8
    DOI: 10.1057/9781137031464_8
    as

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