{"product_id":"9780821383223","title":"Expanding Housing Finance to the Underserved in South Asia: Market Review and Forward Agenda","description":"Rapid economic growth in South Asia, urbanization, and a rising middle class have created considerable pent-up demand for housing and housing finance. More than 14 percent of low-income South Asians have no home. In response, South Asia’s dynamic housing and housing finance markets have grown at rates of around 30%, but are still limited to upper-income groups. The contribution of housing and real-estate sector to overall economic growth, social uplift and employment is considerable.\u003cp\u003eHousing and housing finance services have the clear potential to expand to middle- and even lower- income families. This requires an improved land administration, strengthened legal framework for land titling, registration, and foreclosure, better market data provision, and promotion of long-term funding for mortgage lenders and developers. Innovative traditional mortgage products and Islamic finance could match demand in underserved market segments. \u003c\/p\u003e\u003cp\u003eThis report, a first regional effort on the topic, examines housing shortages in South Asia, as well as outlines shortcomings of the market for home mortgages. Information on good practice and country-specific examples are presented on enabling builder\/developers, mortgage lenders, land administration, as well as foreclosure and other relevant regulations, to strengthen home ownership in South Asia. Special emphasis is accorded to low-income housing solutions.\u003c\/p\u003e","brand":"World Bank Publications","offers":[{"title":"Default Title","offer_id":47751508984048,"sku":"9780821383223","price":40.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9780821383223_p0.jpg?v=1763743773","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9780821383223","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}