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Technically, a bond is simply a loan which is taken by a government, a municipality or a company. Bonds generally are unsecured. The issuer pays the bond holder periodic interest ranging over the life of the loan. The secondary market for bonds in India is an over the counter market whereas the...
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This paper explores the role played by policy instruments in access to housing finance by low-income households. It also analyzes the impact of housing credit and subsidies on both the quality of life and the quality of dwelling of the beneficiaries. Using the Quality of Life Surveys conducted...
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Governments throughout the world intervene heavily in housing markets, and most have multiple policies to pursue multiple goals. This chapter deals with two of the largest types of housing policies in the United States, namely, low-income rental assistance and policies to promote homeownership...
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