Abstract
The causes of the housing crisis are numerous and interconnected: inadequate supply relative to demand, production system imbalances, growing urban populations, structural economic organization factors, and the shift from housing as use-value to housing as exhaustive commodity. Urban centers already concentrate nearly 45% of the population with a growth rate of 4.4%, while rural areas register only 0.1% (corrected from text: 4.1% likely a typo; logic suggests lower). Housing in Morocco is extremely expensive. Vertiginous increases in land costs for both individual and collective housing combine with unjustified rises in construction material prices. These increases are automatically passed on to buyers. Increasingly, middle-income households become unable to afford acquisition conditions, even those facilitated by credit policy. This note examines the content and instruments of this credit policy.
Recommended Citation
Ben Otmane, M.L.
(1986)
"Note on the Financing of Housing Credit,"
Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management): Vol. 5:
Iss.
2, Article 22.
https://doi.org/10.66499/2665-7112.1535
Available at:
https://scholarhub.univh2c.ma/remadeg/vol5/iss2/22
DOI
10.66499/2665-7112.1535