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Expanding Housing Finance in South Asia by Tatiana Nenova (Paperback, 2010)

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Product Information

Rapid economic growth in South Asia, urbanisation, and a rising middle class have created considerable pent-up demand for housing and housing finance. More than 14 percent of low-income South Asians have no home. In response, South Asia's dynamic housing and housing finance markets have grown at rates of around 30%, but are still limited to upper-income groups. The contribution of housing and real-estate sector to overall economic growth, social uplift and employment is considerable. Housing and housing finance services have the clear potential to expand to middle- and even lower- income families. This requires an improved land administration, strengthened legal framework for land titling, registration, and foreclosure, better market data provision, and promotion of long-term funding for mortgage lenders and developers. Innovative traditional mortgage products and Islamic finance could match demand in underserved market segments. This report, a first regional effort on the topic, examines housing shortages in South Asia, as well as outlines shortcomings of the market for home mortgages. Information on good practice and country-specific examples are presented on enabling builder/developers, mortgage lenders, land administration, as well as foreclosure and other relevant regulations, to strengthen home ownership in South Asia. Special emphasis is accorded to low-income housing solutions.

Product Identifiers

Publisher
WORLD Bank Publications
ISBN-13
9780821383223
eBay Product ID (ePID)
96319222

Product Key Features

Subject Area
Social Services
Author
Tatiana Nenova
Publication Name
Expanding Housing Finance in South Asia
Format
Paperback
Language
English
Subject
Government
Publication Year
2010
Type
Textbook
Number of Pages
392 Pages

Additional Product Features

Title_Author
Tatiana Nenova
Country/Region of Manufacture
United States

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