Abstract
Housing finance involves challenging policy issues. Welfare, political and economic interests overlap and collide. The consequences of bad government policies and dysfunctional market behaviour can be immense, as demonstrated by the subprime mortgage debacle that originated in the United States and spread to other financial markets in 2008 and 2009. On a broader scale ineffective public housing, land and housing finance policies are demonstrated by the poor living conditions in massive slums in many developing countries.
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© 2011 Springer-Verlag Berlin Heidelberg
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von Pischke, J.D. (2011). Introduction: The Challenges of Housing Finance. In: Köhn, D., von Pischke, J. (eds) Housing Finance in Emerging Markets. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-77857-8_1
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DOI: https://doi.org/10.1007/978-3-540-77857-8_1
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Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-77856-1
Online ISBN: 978-3-540-77857-8
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