MORTGAGE HOUSING LENDING IN LATIN AMERICA AND THE CARIBBEAN

ИПОТЕЧНОЕ ЖИЛИЩНОЕ КРЕДИТОВАНИЕ В СТРАНАХ ЛАТИНСКОЙ АМЕРИКИ И КАРИБСКОГО БАССЕЙНА

Svetlana A. Litvinova (Литвинова С.А.)
Additional contact information
Svetlana A. Litvinova (Литвинова С.А.): South-Russia Institute of Management – branch of Russian Presidential Academy of National Economy and Public Administration

State and Municipal Management Scholar Notes, 2023, vol. 1, 105-112

Abstract: The article is devoted to the consideration of the development of mortgage housing lending in Latin America. The structure of the mortgage lending market and the stages of its development are considered. The article highlights the characteristic features of the situation on the mortgage lending market in Latin America and the Caribbean: the affordable real estate market is actually scarce, not keeping up with population growth; credit instruments are not available to the majority of the population due to the extremely low income level; the construction of private houses, as well as the purchase of ready-made housing, is too expensive; climatic and demographic conditions force the population to look for alternative housing options (mobile homes, favelas, etc.), which further complicates the situation in the social sphere and specifically in the housing issue.

Keywords: mortgage lending; mortgage lending market; Latin America and the Caribbean; credit; housing issue (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
ftp://w82.ranepa.ru/rnp/smmscn/s23114.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rnp:smmscn:s23114

Access Statistics for this article

State and Municipal Management Scholar Notes is currently edited by Tatiana Ignatova

More articles in State and Municipal Management Scholar Notes from Russian Presidential Academy of National Economy and Public Administration Contact information at EDIRC.
Bibliographic data for series maintained by RANEPA maintainer ().