Housing Finance Markets in Transition Economies

Trends and Challenges

image of Housing Finance Markets in Transition Economies

Housing finance markets in Central and Eastern European countries are typically small in scale and under-developed, though it is generally recognised that fostering housing finance markets contributes to economic development and brings social benefits to the public.  This book presents a comparative study on housing finance markets in the Central and Eastern European countries. It is based on an OECD market survey conducted in 2004 and on selected country data prepared for the OECD workshop on housing finance in transition economies held in December 2004.  It reports on the progress and challenges in housing finance markets in Croatia, the Czech Republic, Estonia, Hungary, Kazakhstan, Lithuania, Latvia, Poland, Romania, the Slovak Republic, Slovenia and Ukraine.



Development of Mortgage System in Kazakhstan

The development of Kazakhstan housing attitudes began in 1991 after the acceptance of legislations on privatization and property. Later, acts were accepted for a pledge of investment activity, the new Civil code, the decrees of the President of the Republic of Kazakhstan validated laws on the mortgage of real estate and the state registration of the rights to real estate and its transactions. These fell under the laws of the Republic of Kazakhstan on housing attitudes.


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