IDEAS home Printed from https://ideas.repec.org/p/afr/wpaper/afres2016_153.html
   My bibliography  Save this paper

Discussing Housing Finance And Investment In Developing Countries: The Zimbabwean Case

Author

Listed:
  • Addmore Zhou

Abstract

The world is witnessing unprecedented levels of urbanisation. UN-HABITAT (2009) predicted that two thirds of the world’s population will be living in cities and towns by 2030. Cities in developing countries are the fastest growing. However, the most worrying phenomena have been the rapid growth of slums in and around some cities coupled with acute shortages of housing in many others. In 2004, the U.N reported that more than a billion people in developing countries live in slums, a figure expected to double over the next 30 years. Developing countries continue to grapple with challenges of providing housing to their communities. Investment and new development in housing remain low and slow. The major problem has been lack of finance and investment towards housing.This paper will discuss Zimbabwe’s finance industry particularly the banking sector and the extent to which it has committed resources towards housing. The paper will also discuss the challenges faced by the banking sector over the years. The banking industry is a major player in every country’s economy and it influences the growth and prosperity of a nation.In discussing Zimbabwe’s housing finance, the paper will look at both domestic and foreign sources of finance, their volumes and the factors which influence their deployment. The paper is an extract from a broader ongoing Ph.D. research study whose main aim is to investigate why Zimbabwe is failing to provide adequate housing in the context of both private investment and public housing. In the study, it is found that housing finance in Zimbabwe is not adequate and falls far short of the levels required to effectively address the shortage of housing.

Suggested Citation

  • Addmore Zhou, 2016. "Discussing Housing Finance And Investment In Developing Countries: The Zimbabwean Case," AfRES afres2016_153, African Real Estate Society (AfRES).
  • Handle: RePEc:afr:wpaper:afres2016_153
    as

    Download full text from publisher

    File URL: https://afres.architexturez.net/doc/oai-afres-id-afres2016-153
    Download Restriction: no

    File URL: https://afres.architexturez.net/system/files/non-refereed-AfRES_2016%20proceedings-14.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Developing Countries; FDI; Housing Finance; Low Income Housing;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:afr:wpaper:afres2016_153. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Architexturez Imprints (email available below). General contact details of provider: https://edirc.repec.org/data/afresea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.