Housing Finance in Emerging Markets 87 The Globalization of Markets

The Globalization of Markets

The published version of the proceedings contains all the contributions presented at the symposium with the exception of the introductory lecture by V

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and students and lecturers of information systems

Housing Finance in Emerging Markets 87 The Globalization of MarketsThe growth of urban areas and population in middle and low income countries is a continuing trend. Urbanization expands as rural to urban migration offers better income opportunities in cities. This trend is both a source of development opportunities and challenges for the housing sector. On the one hand, housing is a large and growing market, and on the other, massive slums confirm the poor housing conditions in many developing countries. These