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CRITICAL ANALYSIS OF HOUSING FINANCING SYSTEMS IN TRANSITION ECONOMIES IN EUROPE

Ion Radu Zilişteanu ()

Theoretical and Applied Economics, 2011, vol. 5(558)(supplement), issue 5(558)(supplement), 360-368

Abstract: Development of housing financing systems in transition countries in Europe had a difficult journey. Considering the rudimentary housing finance system, inherited from the period previous to 1990, the countries of this region have developed housing finance systems in increasingly complexity, not reaching, however, the securitization of mortgage debt, especially due to the crisis occurred in 2007.

Keywords: housing financing systems; mortgage loan; real estate market; national housing policies. (search for similar items in EconPapers)
Date: 2011
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