A new housing finance model for the base of the pyramid: The case of Turkey
Küçük Resim Yok
Tarih
2011
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Academic Journals
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
There is no solid housing finance model that will solve the shelter needs of low-income household groups who do not have adequate capital to buy houses in developing countries and work properly during an economic crisis. To this end, the purpose of this paper is to propose a new housing finance model that will function even during a financial or an economic crisis for the base of the pyramid (low-income households) in developing countries. A scenario analysis is conducted based on the current inflation and interest rates in Turkey in order to test the housing finance model. It is found in the simulations that the model works properly for low-income households in Turkey during a financial or an economic crisis.
Açıklama
Anahtar Kelimeler
Mortgage, housing finance, low-income households, economic crisis, financial risks
Kaynak
African Journal Of Business Management
WoS Q Değeri
N/A
Scopus Q Değeri
Cilt
5
Sayı
5
