Can people on low incomes access affordable housing loans in urban Africa and Asia? Examples of innovative housing finance models from Reall’s global network
Bibliographic Data
| ID | 12242246 |
|---|---|
| Authors | Andrew Jones (0000-0003-3545-4080, corresponding author), Lisa Stead (0000-0002-3213-5474) |
| Year | 2020 |
| Volume | 32 |
| Issue | 1 |
| Pages | 155-174 |
| Publication date | 2020-03-14 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Environment and Urbanization (JOURNAL) |
| Journal identifiers | ISSN: 0956-2478 • E-ISSN: 1746-0301 |
| Publisher | SAGE Publishing (PUBLISHER • US) |
| DOI | 10.1177/0956247819899557 |
| OpenAlex | W3010647655 |
| Language | EN |
| Citations received | 6 |
| References cited | 10 |
While delivering decent, affordable housing at scale is essential to global sustainable development, one formidable blockage is a lack of accessible housing finance for end users. People on low incomes have been perceived by lenders as high risk. They are excluded from financial systems and are forced to self-build using informal credit at exorbitant rates. This article engages with this problem, discussing practical examples and potential ways forward. It does so through case studies of models from Reall (a UK-based international development organization and social enterprise that promotes affordable homes) and its partner organizations in India, the Philippines, Nepal, Mozambique and Pakistan. The article evaluates the strengths and limitations of these models, and their potential for scaling up. Reall’s partners demonstrate that decent houses can be delivered at a cost that is accessible for potential low-income homeowners, while proving the viability of lending to borrowers in the bottom of the income pyramid. This is essential for demonstrating the commercial viability and impactful investment opportunity represented by affordable housing in urban Africa and Asia
Affordable housing · Bottom of the pyramid · Business · Economic growth · Economics · Geography · Innovative financing · Investment (military · Political science · Scale (ratio · Housing, Finance, and Neoliberalism · Microfinance and Financial Inclusion · Urban and Rural Development Challenges · Finance
Stakeholders’ perspective on collaboration barriers in low-income housing provision
Policy making for affordable housing
Housing policy and social inclusion in sub-Saharan Africa under neoliberalism
Palm oil conflict and social transformation
Influence of Technological and Socioeconomic Factors on Affordable and Sustainable Housing Development
Scaling low-income housing delivery in Kenya and the Philippines
Improving the health and welfare of people who live in slums
The history, geography, and sociology of slums and the health problems of people who live in slums
From taking money to making money
The growth of “financial services” provided by Homeless International
The challenge of conceptualizing affordable housing
| Citations per year | 3 |
|---|---|
| Citation span | 2024 - 2025 (2) |
| Highly cited | No |