Housing Finance Policy

    Text bolded/green below shows notes and variable definitions when you roll over. If you cannot see the notes, please download an Excel version from the Research Center, which includes notes. Also, a PDF featuring variable definitions is available in the document list under "Definition of Hofinet Variables".

     

    A. Legal and Regulatory Framework

    A.1 Legal and Regulatory Framework
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    Basis of the legal system: Civil, Common, Islamic, Other? (Describe)  Civil LawA.1.1
    Registration/Transfer of titles:A.1.3
    Typical number of days needed for the transfer of title  91
    WDI
    		A.1.3.4
    Are there legal constraints on mortgage features?  YesA.1.6
    Is there specialized legislation covering:A.1.9
    B. Housing Finance Subsidies
    B.1 Subsidies to Housing Finance Institutions
    B.2 Subsidies to Households
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    Are there subsidies to households on housing finance?  YesB.2.1
    Interest rate subsidies by special government funds  YesB.2.1.1
    Down-payment subsidies   YesB.2.1.3
    Reach of subsidies in 2.1.1 to 2.1.4 ?B.2.2
    C. Taxation
    VariableEnd of 2018End of 2017End of 2016SourcesVar ID
    What taxes apply to Residential Real Estate?C.1
    back to top | Country Data:
    Notes: 1000 bolivianos converted using the end of year rate 6.91 bolivianos/USD
    Notes: 11,249 million bolivianos for end of Dec 2011 with an end of year exchange rate of 6.91 Bolivianos/USD
    Notes: 647 bolivianos converted using the end of year rate 7.02 bolivianos/USD
    Notes: 679.50 bolivianos converted using the end of year rate 7.02 bolivianos/USD
    Notes: 815.40 bolivianos converted using the end of year rate 6.99 bolivianos/USD
    Notes: 9,010 million bolivianos for end of Dec 2011 with an end of year exchange rate of 6.99 Bolivianos/USD
    Notes: Cooperatives and Mutual Savings
    Notes: Interest rate caps on social housing (5.5-6.5%), corporate loans (6%), SME loans (6%)
    Notes: Max LTV of 100 is reserved for social-interest housing. 80 otherwise
    Notes: Max term is reserved for social interest housing. 20 otherwise
    Notes: Represents an average of 35,000 units a year, with an estimated half of these units being formal units and the other half supplied through the informal markets.
    Notes: Represents an average of 35,000 units a year, with an estimated half of these units being formal units and the other half supplied through the informal markets.
    Notes: Superintedency of Banks and Financial Institutions (SBEF) defines the underwriting rules for mortgages.
    Notes: US$1,627.93 million total amount of home mortgage loans divided by US$24,604 million total GDP
    Notes: US$1,627.93 million total amount of home mortgage loans divided by US$24,604 million total GDP