17:50 May 26, 2019 |
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Spanish to English translations [PRO] Bus/Financial - Economics | |||||||
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Discussion entries: 2 | |
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penetration of house(home) financing Explanation: I read it as being house financing (i.e. mortgage) being more developed and with higher penetration (measured as outstanding loans to GDP). The economic idea is that countries where there i a functions mortgage market will, on average, have less backward housing -------------------------------------------------- Note added at 16 mins (2019-05-26 18:06:35 GMT) -------------------------------------------------- *where there is a functioning mortgage market |
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