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Full-Text Articles in Architecture
Developing Housing Finance Framework As An Approach To Provide Affordable Finance Mechanisms For Middle Income Citizens And Housing Developers In Saudi Arabia, Musaed Khalid A K. Alqannas
Developing Housing Finance Framework As An Approach To Provide Affordable Finance Mechanisms For Middle Income Citizens And Housing Developers In Saudi Arabia, Musaed Khalid A K. Alqannas
Planning Dissertations
With high economic growth rate, population rate, increased employment, and income opportunities, the demand for housing has increased, along with the lack of affordable finance mechanisms. A main concern of the housing problem in Saudi Arabia is the high demand compared to housing needs. Saudi Arabia lacks a housing finance framework or strategy to create flexible and affordable lending mechanisms to tackle the affordable finance problems. This research targets: 1) the middle income citizens to increase the homeownership rate and 2) the housing developer to increase affordable housing units and the investment in the housing market. This research compares the …