Advisory Center for Affordable Settlements & Housing

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Document Type General
Publish Date 04/10/2002
Author OECD
Published By OECD
Edited By Saba Bilquis
Uncategorized

Development of the Long-Term System of Housing Financing in the Republic of Kazakhstan

Over the last ten years, the housing system of Kazakhstan has undergone significant changes. The mass privatization of the state housing resources, which started in 1991 and mostly finished in 1995, was an important step in housing reform. As a result, almost 95% of housing resources were privatized. Profound changes covered the structure of housing construction by forms of ownership and financing. The share of the private sector has increased significantly and the state discontinued to be the main participant in this market.

 

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