Socio-economic function of mortgage on modern stage of house crediting

Economic Annals-XXI: Volume 123, Issue 11-12(1), Pages: 28-31

Citation information:
Kharina, N. V. (2012). Socio-economic function of mortgage on modern stage of house crediting. Economic Annals-XXI, 11-12(1), 28-31. https://ea21journal.world/index.php/ea-v123-09/


N. V. Кharina
naty77711@mail.ru

Socio-economic function of mortgage on modern stage of house crediting

Abstract. The author’s method of estimation of efficiency of residential mortgages as a tool to enhance the affordability of housing has been described in the article. The adequacy ratio mortgage as the ratio of the loan which can receive a citizen with average income to costs of housing has been introduced. The low efficiency of mortgages in Ukraine as a tool to enhance affordability of housing has been proved.

Keywords: Mortgage; Housing Affordability; Socio-Economic Function of Mortgage