Acountry’s housing finance system can help or hinder the provision of adequate housing. Access to financial markets influences the capacity of households to buy formal finished dwellings. A more developed mortgage market system can offer reasonably priced mortgage loans to a broad range of families. Financial markets are also essential to providing working and investment capital to land developers and builders, as houses take time and resources to build, and significant upfront resources are required to buy and develop serviced land.
