콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Economy Financial Policy

Print

Housing Finance in East Asia (English)

Related Document
Frame of Image
  • Housing Finance in East Asia (English)
  • Chiquier, Loic
  • World Bank (WB)


link
Title Housing Finance in East Asia (English)
Similar Titles
Material Type Reports
Author(English)

Chiquier, Loic

Publisher

World Bank (WB)

Date 2006
Language English
File Type Link
Subject Economy < Financial Policy

Abstract

Residential mortgage markets have revived since the crisis of 1997. This evolution raises opportunities but also challenges for policy makers and regulators, from the perspective of financial sector soundness and accessibility for low-income households... See More +. As part of the financial sector flagship report,1 the study focused on six countries (South Korea, China, Hong Kong (China), Thailand, Malaysia, and Indonesia). These markets differ in terms of scale, structure, depth, risk exposure, and accessibility. Advanced economies like Singapore, Japan, or Australia are not covered, nor are nascent markets where systems are just being created (Mongolia, Vietnam, Laos). The case of the Philippines is not studied either, short of updated data. Hence, the paper does not provide a complete picture of housing finance markets throughout the region, nor does it pay sufficient tribute to the nuances and intricacies of each country's own evolution. Other key aspects of real estate markets (commercial property, rental markets) are also not analyzed.