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Housing Finance & the Secondary Mortgage Market - Alternatives for Change (Hardcover)
Loot Price: R3,696
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Housing Finance & the Secondary Mortgage Market - Alternatives for Change (Hardcover)
Expected to ship within 12 - 17 working days
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When making a decision about housing, a household must choose
between renting and owning. Multiple factors, such as a household's
financial status and expectations about the future, will influence
the decision. Few that decide to purchase a home have the necessary
savings or available financial resources to make the purchase on
their own. Most need to take out a loan. A loan that uses real
estate as collateral is typically referred to as a mortgage. This
book serves as a primer that explains how the system of housing
finance works. This book also examines various mechanisms that
policy-makers could use to attract more private capital to the
secondary mortgage market; and addresses how those mechanisms could
be combined in different ways to help the market make the
transition to a new structure during the coming decade.
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