Showing 1 - 10 of 27,521
In the last three decades, the supply of housing in Argentina has not kept pace with demand. This study analyzes the … main drivers of Argentina's housing market and relates them to the macroeconomic environment in order to advance a policy … agenda for housing policy reform. The demand for housing was calculated and tenure choice was analyzed. Structural …
Persistent link: https://www.econbiz.de/10010944291
Despite a recent expansion in housing finance, Brazil still faces a severe housing shortage, especially among lower …-income people, and it is important to examine the development, limitations and prospects of the country's housing finance market … contractual obligations or is merely an effect of the higher level of housing loans imposed by the government on financial …
Persistent link: https://www.econbiz.de/10010943636
This paper surveys housing finance in Costa Rica, El Salvador and Panama. The development of a secondary mortgage … Panama has not grown due to high liquidity. In Costa Rica's subsidy policy, core institutions responsible for housing policy … housing deficit is concentrated. A solution based on public budgets is not sustainable, requiring an active role of the …
Persistent link: https://www.econbiz.de/10010672847
This paper analyzes a large database provided by INFONAVIT, Mexico's principal mortgage issuer, which contains information on borrowers' repayment behavior. It finds that borrowers who received subsidies do not show higher default rates than borrowers who received no financial assistance....
Persistent link: https://www.econbiz.de/10010673479
In Guatemala there are substantial and growing imbalances in the housing market; at the same time, financial markets … failures responsible for the underdevelopment of the housing finance system. The working hypothesis is that there is a … on this framework, the paper proposes guidelines for the design and implementation of housing finance policy in Guatemala. …
Persistent link: https://www.econbiz.de/10010673537
Persistent link: https://www.econbiz.de/10014466985
In many countries, the cost of housing has greatly outpaced income growth, leading to a housing affordability crisis …
Persistent link: https://www.econbiz.de/10015067139
Housing for most Peruvians is improving but is still grossly inadequate. Nonetheless, public housing finance policies … indicates that financing will not be the main obstacle to improving housing conditions in Peru and that public sector efforts … techniques and materials, ii) lower-cost credit technologies for low-income housing credits and iii) increasing the availability …
Persistent link: https://www.econbiz.de/10010673852
This paper considers the case for mortgage covered bonds as an alternative to the originate-to-distribute mortgage funding model. It argues that the economic incentives provided to market participants under the covered bonds model are less susceptible to moral hazard even while retaining the key...
Persistent link: https://www.econbiz.de/10008777017
Housing is more than just basic shelter - it can be a valuable monetary asset, both to households and nations. This … book draws on research by experts at the Inter-American Development Bank and the U.S. Department of Housing and Urban … Development to examine the economic, social and legal dimensions of housing markets in Latin America. Using lessons learned from …
Persistent link: https://www.econbiz.de/10010943485