Housing Finance Market in Bangladesh
Bangladesh Bank
Download Document| Date Published | |
| Version | |
| Primary Author | Mohammad Abul Quasem |
| Other Authors | |
| Theme | Housing Finance and the Economy |
| Country | Bangladesh |
Abstract
Housing is one of the basic needs of human being. Bangladesh faces a major housing problem . With a GNP per capita ($599);very high population 142 million ; the standard of shelter is correspondingly low. ? Approximately 77 percent of urban dwelling and over 98 percent of rural dwelling are earthen. Overcrowding and minimal or no infrastructural support services are further problem. ? Housing Finance market developing at a fast pace, albeit from a very small initial scale, ? Booming construction sector and effective housing and mortgage demand. ? Legal ,institutional and regulatory framework not in line with the potential market development and the creditworthy demand for housing.