publication . Report . 2016

Mexico Financial Sector Assessment Program : Housing Finance

World Bank Group; International Finance Corporation;
Open Access English
  • Published: 01 Jul 2016
  • Publisher: World Bank, Washington, DC
  • Country: United States
Abstract
Housing needs are high in Mexico despite quantitative progress in the last 10 years.Global data hide mismatches between housing demand and supply. First, urban growth relied for a long time on a pattern of urban sprawl, with mass-scale developments of individual units were built outside cities where land is affordable, but far from jobs and services and with related high transportation cost.Second, the housing shortage affects some household categories more than others.The housing finance system has been contributing to these mismatches.The way the two housing provident funds that dominate the mortgage market used to function was an inducement to the urban spraw...
Subjects
free text keywords: HOUSING FINANCE, CREDIT RISK MANAGEMENT, MARKET DEPTH, LENDING PRODUCTS, REGULATION, BANKING REFORM
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