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- W2289313415 abstract "International experience suggests that there is a strong causal link between housing demand, housing finance, financial sector development and economic growth. Yet, a housing market cannot flourish without mortgage finance, which allows all but the poorer segments of the population to purchase, expand or improve their homes, or to use the equity in their homes for other purposes, such as major purchases, college education, travel or investment. There is now growing recognition of these connections among policy-makers in developing and transition countries, and among international development donors who wish both to strengthen financial markets and to improve the economic well-being of citizens in their client countries. This paper provides an overview of the constraints and opportunities for condominium housing and mortgage lending in emerging markets. This paper was originally prepared for Housing Finance International, the journal of the International Union for Housing Finance (Housing Finance International, June 2008: 15-21). The Urban Institute is a nonprofit, nonpartisan policy research and educational organization that examines social, economic, and governance problems. The mission of the Urban Institute Center on International Development and Governance (IDG) is to promote economic and democratic development in developing and transition countries. The views expressed are those of the authors and should not be attributed to the Urban Institute, its trustees, or its funders." @default.
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- W2289313415 date "2009-01-01" @default.
- W2289313415 modified "2023-09-23" @default.
- W2289313415 title "Condominium Housing and Mortgage Lending in Emerging Markets—Constraints and Opportunities" @default.
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