USC Lusk Center Report Says Mexico Must Move Quickly to Create Finance System so More Homes Can Be Built
LOS ANGELES -- Mexico will have to move quickly in developing a strong housing finance system if it is to meet President Fox’s ambitious goal of doubling the country’s housing production by 2006, according to a report recently published in Mortgage Banking magazine.
“Mexico is making progress in creating the infrastructure to make affordable mortgage credit available to its growing middle class,” said report co-author David Dale-Johnson, Ph.D. of the University of Southern California Lusk Center for Real Estate (www.usc.edu/lusk).