Housing Finance in Brazil

Housing Finance in Brazil

Author: Bruno Martins

Publisher:

Published: 2015

Total Pages: 33

ISBN-13:

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Despite a recent expansion in housing finance, Brazil still faces a severe housing shortage, especially among lower-income people, and it is important to examine the development, limitations and prospects of the country`s housing finance market. This paper investigates the recent evolution of that market in Brazil, focusing on whether the current expansion in mortgage lending is the result of institutional and economic improvements favoring economic stability and compliance with contractual obligations or is merely an effect of the higher level of housing loans imposed by the government on financial institutions. Different explanations are found for private and public institutions.


Housing Finance in Brazil

Housing Finance in Brazil

Author: Bruno Martins

Publisher:

Published: 2011

Total Pages: 30

ISBN-13:

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This paper investigates the recent evolution of the housing market in Brazil, focusing on whether the current expansion in mortgage lending reflects institutional and economic improvements favoring economic stability and compliance with contractual obligations or merely the higher level of housing loans imposed by the government on financial institutions. Different explanations are found for private and public institutions. -- Abstract on website.


Social Policy In A Non-democratic Regime

Social Policy In A Non-democratic Regime

Author: Gil Shidlo

Publisher: Routledge

Published: 2019-07-11

Total Pages: 151

ISBN-13: 1000311805

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This book had its origins in my doctoral research at the London School of Economics. It developed more rapidly than expected thanks to the good will and collective efforts of various people and institutions who provided help and support-material, intellectual and moralthroughout four years at the LSE and two years at Tel Aviv University. I am most grateful to George Philip and Patrick Dunleavy, who have patiently read the many drafts and offered their comments and suggestions at various stages of this work. I would also like to thank Peter Dawson, who during my early days at the LSE as a research and MSc student, supervised, advised and above all encouraged my intentions to carry out research on developing countries. Henrique Rattner of the Fundacao Getulio Vargas provided me not only with technical support but also introduced me to the complex Brazilian bureaucracy. Gabriel Bolaffi, of the Faculty of Architecture and Urbanism at the University of Sao Paulo, made it possible for me to gain access to the otherwise restricted public housing agencies. I also extend my gratitude to the officials at COHAB/SP, CODESPAULO, INOCOOP and the BNH (in Rio de Janeiro and Sao Paulo) who spared precious time to be interviewed and supplied me with published and unpublished documents. The IPT (Sao Paulo Institute of Technological Research) provided the primary material on ltaquera and enabled me to use their computing facilities and process the data. Special thanks are due to Ros Mari Kaupatez. The friends we made in Sao Paulo, whose welcome and warmth surpassed all expectations, made a long stay more bearable. This project could not have been carried out without the moral and financial support of both my grandfather and my parents, who took a deep interest in my studies and encouraged me during difficult periods. A debt of thanks is also owed to the Publication Committee of the London School of Economics, especially P. C. Davis. Anthony Hall's comments were very valuable. Thanks are due to the Faculty of Social Sciences and the Department of Political Science at Tel Aviv University for financial help in preparing this work for publication. Finally, this study is dedicated to my wife, Sarah, who interrupted her studies to accompany me to Brazil and helped me in ways I cannot adequately acknowledge.


Subsidization mechanisms in the brazilian housing financing system (sfh)

Subsidization mechanisms in the brazilian housing financing system (sfh)

Author:

Publisher:

Published: 2003

Total Pages:

ISBN-13:

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Esta dissertação analisa o setor habitacional brasileiro, após a criação do Sistema Financeiro de Habitação (SFH), com ênfase nas características dos financiamentos realizados no âmbito do Sistema e nas benesses concedidas de forma indiscriminada aos mutuários. Por meio de estudos de caso, identificam-se os principais fatores responsáveis por essa concessão de subsídios, os quais podem serclassificados em três grupos: falhas intrínsecas aos planos de financiamento, renegociações contratuais oferecidas pelo governo entre 1983 e 1985, e planos de estabilização econômica implementados na segunda metade da década de 80 e na primeira metade da década de 90. Apresenta-se a análise da contribuição individual de cada fator, bem como seu efeito conjunto, o que permite concluir que os mutuários do SFH receberam enormes subsídios, que resultaram no esgotamento das fontes de financiamento para as décadas subseqüentes. Conclui-se que as benesses concedidas deforma generalizada tiveram um efeito perverso, uma vez que foram aplicadas em razão inversamente proporcional às necessidades dos mutuários. Os detentores de dívidas mais elevadas e, portanto, em média, possuidores de maior renda, receberam subsídios mais elevados. Dessa forma, houve transferência de riqueza da sociedade como um todo para os mutuários do Sistema, em especial, transferência de riqueza das classes mais pobres para as mais abastadas e transferência de recursos dos que não possuíam casaprópria para os que haviam adquirido sua moradia.


Metropolis, Money and Markets

Metropolis, Money and Markets

Author: Jeroen Klink

Publisher: Routledge

Published: 2020-02-18

Total Pages: 197

ISBN-13: 0429602162

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This book explores the impact of finance on urban spaces as well as cities' role in the social constitution and dissemination of financial logistics and techniques. It brings together literature from different disciplinary areas to increase our understanding of financialization. It observes how non-financial members of society, such as public bureaucrats, urban planners, the media and so on, are actively involved in the financialization of urban areas. With an explicit focus on Brazil, a developing country in the Global South, the book demonstrates how the country has been grappling with complex and contradictory processes of neoliberalization, decentralization, re-democratization and institutional-legal strengthening of frameworks for urban and regional planning, stressing the relations between urban space and finance capital. With a distinct view of filling a gap in the current literature on urban financialization, the book aims to focus on less developed areas in this field and link them with the literature on social studies of finance. This makes the text relevant for academics and scholars of urban studies and planning theory, geography, development studies and political economy, as well as scholars in the US and Europe interested in understanding Brazilian patterns of financialization.