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  • Housing Finance & the Secondary Mortgage Market

Housing Finance & the Secondary Mortgage Market

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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.
Folgt in ca. 15 Arbeitstagen

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259,00 CHF