Conclusion

Abstract

There are perhaps two central messages in the preceding chapters. First, housing-finance delivery mechanisms are often complex institutional structures that depend in large part on the accumulation of the accidents of history. Nigeria’s system, for example, is quite different from that of Poland or Argentina. It follows that evaluation of these institutions is very country-specific and idiosyncratic, akin perhaps to a form of financial anthropology. Unfortunately, such a field of study does not lend itself to easy generalizations.