Low-income Housing in Latin America and the Caribbean

Housing is one of the most important sectors of the economy -- in developing countries as in richer ones -- with large positive externalities in terms of economic growth, public health and societal stability. It is the primary form of asset accumul...

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Main Author:	Jha, Abhas K.
Format:	Brief
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ACCOUNTING AGENTS BANK REGULATION CAPITAL MARKETS CENTRAL BANKS CONSTRUCTION LOANS CONTRACT ENFORCEMENT CREDIT INSURANCE CREDIT RISK CREDITWORTHINESS DEBT DECENTRALIZATION DEFICITS DEPOSITS DEREGULATION DEVELOPERS EXTERNALITIES FINANCE COMPANIES FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL SYSTEMS FORECLOSURE HOUSEHOLDS HOUSES HOUSING HOUSING DEMAND HOUSING DEVELOPMENT HOUSING FINANCE HOUSING INDICATORS HOUSING MARKETS HOUSING POLICY HOUSING PROVISION HOUSING SUBSIDIES HOUSING UNITS INFLATION INSTITUTIONAL DEVELOPMENT INSURANCE INTEREST RATES LAWS LEGAL FRAMEWORK LOCAL GOVERNMENTS MACROECONOMIC STABILITY MICROFINANCE MORTGAGE INSURANCE MORTGAGE LOANS MORTGAGE MARKETS MORTGAGE POOLS MORTGAGES NET YIELDS OPERATING COSTS PENSION FUNDS PRIVATE HOUSING PRIVATE SECTOR PUBLIC POLICY REAL ESTATE INVESTMENT RENT CONTROL RENTAL HOUSING RENTS RESIDENTIAL REAL ESTATE RIGHT TO ADEQUATE HOUSING SAVINGS SECONDARY MORTGAGE MARKET SECONDARY MORTGAGE MARKETS SECURITIES SECURITIZATION SLUMS SYSTEMIC RISK TECHNICAL ASSISTANCE TENANTS TRANSACTION COSTS UNDERWRITING UNDERWRITING STANDARDS URBAN DEVELOPMENT URBAN LAND URBAN LAND MARKETS URBAN PLANNING URBAN POLICIES URBANIZATION VALUATION ZONING
Online Access:	http://documents.worldbank.org/curated/en/2007/01/7411962/low-income-housing-latin-america-caribbean http://hdl.handle.net/10986/10301

id	okr-10986-10301
recordtype	oai_dc
spelling	okr-10986-103012021-04-23T14:02:50Z Low-income Housing in Latin America and the Caribbean Jha, Abhas K. ACCOUNTING AGENTS BANK REGULATION CAPITAL MARKETS CENTRAL BANKS CONSTRUCTION LOANS CONTRACT ENFORCEMENT CREDIT INSURANCE CREDIT RISK CREDITWORTHINESS DEBT DECENTRALIZATION DEFICITS DEPOSITS DEREGULATION DEVELOPERS EXTERNALITIES FINANCE COMPANIES FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL SYSTEMS FORECLOSURE HOUSEHOLDS HOUSES HOUSING HOUSING DEMAND HOUSING DEVELOPMENT HOUSING FINANCE HOUSING INDICATORS HOUSING MARKETS HOUSING POLICY HOUSING PROVISION HOUSING SUBSIDIES HOUSING UNITS INFLATION INSTITUTIONAL DEVELOPMENT INSURANCE INTEREST RATES LAWS LEGAL FRAMEWORK LOCAL GOVERNMENTS MACROECONOMIC STABILITY MICROFINANCE MORTGAGE INSURANCE MORTGAGE LOANS MORTGAGE MARKETS MORTGAGE POOLS MORTGAGES NET YIELDS OPERATING COSTS PENSION FUNDS PRIVATE HOUSING PRIVATE SECTOR PUBLIC POLICY REAL ESTATE INVESTMENT RENT CONTROL RENTAL HOUSING RENTS RESIDENTIAL REAL ESTATE RIGHT TO ADEQUATE HOUSING SAVINGS SECONDARY MORTGAGE MARKET SECONDARY MORTGAGE MARKETS SECURITIES SECURITIZATION SLUMS SYSTEMIC RISK TECHNICAL ASSISTANCE TENANTS TRANSACTION COSTS UNDERWRITING UNDERWRITING STANDARDS URBAN DEVELOPMENT URBAN LAND URBAN LAND MARKETS URBAN PLANNING URBAN POLICIES URBANIZATION VALUATION ZONING Housing is one of the most important sectors of the economy -- in developing countries as in richer ones -- with large positive externalities in terms of economic growth, public health and societal stability. It is the primary form of asset accumulation for the poor -- often representing more than 50 percent of the assets of households. However, housing systems in developing countries are dominated by badly designed, poorly targeted, and inefficient government subsidies, market failures in land markets, overwhelming informality, a predominance of powerful vested interests and a growing slum population. This paper addresses the following headings: the housing sector in Latin American countries (LAC); the World Bank Group housing strategy in LAC; and the challenges ahead. 2012-08-13T11:06:24Z 2012-08-13T11:06:24Z 2007-01 http://documents.worldbank.org/curated/en/2007/01/7411962/low-income-housing-latin-america-caribbean http://hdl.handle.net/10986/10301 English en breve; No. 101 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Latin America & Caribbean
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ACCOUNTING AGENTS BANK REGULATION CAPITAL MARKETS CENTRAL BANKS CONSTRUCTION LOANS CONTRACT ENFORCEMENT CREDIT INSURANCE CREDIT RISK CREDITWORTHINESS DEBT DECENTRALIZATION DEFICITS DEPOSITS DEREGULATION DEVELOPERS EXTERNALITIES FINANCE COMPANIES FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL SYSTEMS FORECLOSURE HOUSEHOLDS HOUSES HOUSING HOUSING DEMAND HOUSING DEVELOPMENT HOUSING FINANCE HOUSING INDICATORS HOUSING MARKETS HOUSING POLICY HOUSING PROVISION HOUSING SUBSIDIES HOUSING UNITS INFLATION INSTITUTIONAL DEVELOPMENT INSURANCE INTEREST RATES LAWS LEGAL FRAMEWORK LOCAL GOVERNMENTS MACROECONOMIC STABILITY MICROFINANCE MORTGAGE INSURANCE MORTGAGE LOANS MORTGAGE MARKETS MORTGAGE POOLS MORTGAGES NET YIELDS OPERATING COSTS PENSION FUNDS PRIVATE HOUSING PRIVATE SECTOR PUBLIC POLICY REAL ESTATE INVESTMENT RENT CONTROL RENTAL HOUSING RENTS RESIDENTIAL REAL ESTATE RIGHT TO ADEQUATE HOUSING SAVINGS SECONDARY MORTGAGE MARKET SECONDARY MORTGAGE MARKETS SECURITIES SECURITIZATION SLUMS SYSTEMIC RISK TECHNICAL ASSISTANCE TENANTS TRANSACTION COSTS UNDERWRITING UNDERWRITING STANDARDS URBAN DEVELOPMENT URBAN LAND URBAN LAND MARKETS URBAN PLANNING URBAN POLICIES URBANIZATION VALUATION ZONING
spellingShingle	ACCOUNTING AGENTS BANK REGULATION CAPITAL MARKETS CENTRAL BANKS CONSTRUCTION LOANS CONTRACT ENFORCEMENT CREDIT INSURANCE CREDIT RISK CREDITWORTHINESS DEBT DECENTRALIZATION DEFICITS DEPOSITS DEREGULATION DEVELOPERS EXTERNALITIES FINANCE COMPANIES FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL SYSTEMS FORECLOSURE HOUSEHOLDS HOUSES HOUSING HOUSING DEMAND HOUSING DEVELOPMENT HOUSING FINANCE HOUSING INDICATORS HOUSING MARKETS HOUSING POLICY HOUSING PROVISION HOUSING SUBSIDIES HOUSING UNITS INFLATION INSTITUTIONAL DEVELOPMENT INSURANCE INTEREST RATES LAWS LEGAL FRAMEWORK LOCAL GOVERNMENTS MACROECONOMIC STABILITY MICROFINANCE MORTGAGE INSURANCE MORTGAGE LOANS MORTGAGE MARKETS MORTGAGE POOLS MORTGAGES NET YIELDS OPERATING COSTS PENSION FUNDS PRIVATE HOUSING PRIVATE SECTOR PUBLIC POLICY REAL ESTATE INVESTMENT RENT CONTROL RENTAL HOUSING RENTS RESIDENTIAL REAL ESTATE RIGHT TO ADEQUATE HOUSING SAVINGS SECONDARY MORTGAGE MARKET SECONDARY MORTGAGE MARKETS SECURITIES SECURITIZATION SLUMS SYSTEMIC RISK TECHNICAL ASSISTANCE TENANTS TRANSACTION COSTS UNDERWRITING UNDERWRITING STANDARDS URBAN DEVELOPMENT URBAN LAND URBAN LAND MARKETS URBAN PLANNING URBAN POLICIES URBANIZATION VALUATION ZONING Jha, Abhas K. Low-income Housing in Latin America and the Caribbean
geographic_facet	Latin America & Caribbean
relation	en breve; No. 101
description	Housing is one of the most important sectors of the economy -- in developing countries as in richer ones -- with large positive externalities in terms of economic growth, public health and societal stability. It is the primary form of asset accumulation for the poor -- often representing more than 50 percent of the assets of households. However, housing systems in developing countries are dominated by badly designed, poorly targeted, and inefficient government subsidies, market failures in land markets, overwhelming informality, a predominance of powerful vested interests and a growing slum population. This paper addresses the following headings: the housing sector in Latin American countries (LAC); the World Bank Group housing strategy in LAC; and the challenges ahead.
format	Publications & Research :: Brief
author	Jha, Abhas K.
author_facet	Jha, Abhas K.
author_sort	Jha, Abhas K.
title	Low-income Housing in Latin America and the Caribbean
title_short	Low-income Housing in Latin America and the Caribbean
title_full	Low-income Housing in Latin America and the Caribbean
title_fullStr	Low-income Housing in Latin America and the Caribbean
title_full_unstemmed	Low-income Housing in Latin America and the Caribbean
title_sort	low-income housing in latin america and the caribbean
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2007/01/7411962/low-income-housing-latin-america-caribbean http://hdl.handle.net/10986/10301
_version_	1764412595126665216

Low-income Housing in Latin America and the Caribbean

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