Housing Finance Systems: Market Failures and Government Failures

• Main Author: PHANG, Sock-Yong
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2013
• Subjects: Housing; financing; housing policy; government policies; Finance; Public Economics; Real Estate
• Online Access: https://ink.library.smu.edu.sg/soe_research/1448; https://search.library.smu.edu.sg/primo-explore/fulldisplay?docid=SMU_ALMA2137848390002601&context=L&vid=SMU_NUI&search_scope=Everything&tab=default_tab&lang=en_US
• Institution: Singapore Management University

The term 'housing crisis' has, in recent times, been associated with rising foreclosure rates and tottering financial institutions, particularly in the US and Europe. However, in many rapidly urbanizing emerging countries, the housing crisis is about urban poverty, unplanned settlements, o...