mirage

Argentina's Housing Market in the 2000s

LACER-LACEA/Manakin Repository

Show simple item record

dc.contributor.author Cristini, Marcela en
dc.contributor.author Moya, Ramiro en
dc.contributor.author Bermúdez, Guillermo en
dc.description.abstract In the last three decades, the supply of housing in Argentina has not kept pace with demand. This study analyzes the main drivers of Argentina's housing market and relates them to the macroeconomic environment in order to advance a policy agenda for housing policy reform. The demand for housing was calculated and tenure choice was analyzed. Structural characteristics affecting Argentina's housing market include the high concentration of the urban population in a few large metropolitan areas, te association of urban poverty with the housing deficit, and overcrowding. The mortgage market lost its appeal following the 2001-02 crisis due to widespread breaches of contract legitimized through protective legislation (still in place), insufficient long-term financing, and high inflation. The housing deficit could be eliminated in five to eight years if well-coordinated policy initiatives to develop the mortgage market and provide low-income housing were adopted under a decentralized, demand-driven, subsidized program. en
dc.subject Housing en
dc.subject Financial Markets en
dc.subject Financial Services en
dc.title Argentina's Housing Market in the 2000s en
dc.identifier.jel O54 - Latin America ¿ Caribbean en
dc.identifier.jel R21 - Housing Demand en
dc.identifier.jel R23 - Regional Migration ¿ Regional Labor Markets ¿ Population ¿ Neighborhood Characteristics en
dc.identifier.jel R28 - Government Policy en
dc.identifier.jel R30 - Real Estate Markets, Spatial Production Analysis, and Firm Location: General en
dc.identifier.jel R31 - Housing Supply and Markets en
dc.identifier.jel R38 - Government Policy en
dc.identifier.jel R58 - Regional Development Planning and Policy en
dc.coverage.placename Argentina en
dc.contributor.other RES-DOCS-USER
dc.date.accessioned 2011-09-27T19:25:55Z
dc.date.available 2011-09-27T19:25:55Z
dc.date.issued 2011-09
dc.identifier.uri http://www.iadb.org/en/publications/publication-detail,7101.html?id=24739
dc.format.extent 82
dc.format.medium ACROBAT
dc.language.iso en
dc.relation.ispartof http://thesaurus.iadb.org/publicthesauri/7336670162577754532488
dc.subject Argentina, housing, housing demand, housing deficit, housing finance, tenure choice, mortgage market social housing policy
dc.type Working Papers
lacea.language.supported en
dc.date.modified 2016-12-01T16:53:42Z
dc.description.abstract2 In the last three decades, the supply of housing in Argentina has not kept pace with demand. This study analyzes the main drivers of Argentina¿s housing market and relates them to the macroeconomic environment in order to advance a policy agenda for housing policy reform. The demand for housing was calculated and tenure choice was analyzed. Structural characteristics affecting Argentina¿s housing market include the high concentration of the urban population in a few large metropolitan areas, the association of urban poverty with the housing deficit, and overcrowding. The mortgage market lost its appeal following the 2001-02 crisis due to widespread breaches of contract legitimized through protective legislation (still in place), insufficient long-term financing, and high inflation. The housing deficit could be eliminated in five to eight years if well-coordinated policy initiatives to develop the mortgage market and provide low-income housing were adopted under a decentralized, demand-driven, subsidized program.


Files in this item

Files Size Format View

There are no files associated with this item.

This item appears in the following Collection(s)

Show simple item record

Search LACER-LACEA


Browse

My Account