The purpose of a housing finance system is to PROVIDE the funds which home-buyers need to purchase their HOMES. This is a simple objective, and the number of WAYS in which it can be achieved is LIMITED. Notwithstanding this basic simplicity, in a number of COUNTRIES, largely as a result of government action, very complicated housing finance systems have been developed. However, the essential feature of any system, that is, the ability to channel the funds of investors to those purchasing their homes, must remain.

The purpose of a housing finance system is to provide the funds which home-buyers need to purchase their homes. This is a simple objective, and the number of ways in which it can be achieved is limited. Notwithstanding this basic simplicity, in a number of countries, largely as a result of government action, very complicated housing finance systems have been developed. However, the essential feature of any system, that is, the ability to channel the funds of investors to those purchasing their homes, must remain.