Housing%20Finance%20in%20Chile%3A%20Instruments%2C%20Actors%2C%20and%20Policies

Working Papers

Housing Finance in Chile: Instruments, Actors, and Policies


CODE: IDB-WP-312
AUTHOR(s): Micco, Alejandro , Parrado, Eric , Piedrabuena, Bernardita , Rebucci, Alessandro
PUBLISHED: May 2012
LANGUAGE: English
RELATED TOPICS: Finance
DOWNLOAD FILE IN: English

Abstract:

The Chilean system of housing finance is a mixture of public and private elements that has arguably been very successful. This paper provides an up- to-date review of the main instruments, actors, and government policies of the Chilean system of housing finance. It concludes that, while the system is indeed functioning well, the increasingly important role of BancoEstado warrants further analysis of the role of public banks in a modern, fully developed housing finance system.

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