Role of banks in housing finance
It is implied that the Housing Finance companies and banking sector can find an equilibrium rate of return on deposits by simultaneous determination of the utilization of housing loans and supply of the funds. The results are also useful in determination of equilibrium ratio of the rental income to return on deposits. An optimal rate of return on bank deposits can be found in response of a return on housing property.
|Date of creation:||Jul 2005|
|Date of revision:||2006|
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- Buckley, Robert M, 1994. "Housing Finance in Developing Countries: The Role of Credible Contracts," Economic Development and Cultural Change, University of Chicago Press, vol. 42(2), pages 317-32, January.
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