ANÁLSIS DE LA POLÍTICA ECONÓMICA EN EL MERCADO INMOBILIARIO DE GUAYAQUIL, 2007 – 2014.

Abstract

This paper’s main objective is to analyze the evolution of government policies and their impact on Guayaquil’s real estate market from 2007 to 2014. In order to develop this objective a complete study was developed which goes from the definition of the term real estate, its goals on this market, addressing the issue of the housing bubble and the impact it has brought to the Ecuadorian market. We examine the law that regulates credit for the housing market, emphasizing the importance of risk management on credit granting; mainly focused on commercial trust, their importance on real estate markets and the duties and obligations for the trustee. We also focus on interest rates, their main goals and evolution on the real estate market through the time frame mentioned above, both of these, key figures for the housing market. The methodology used to obtain these results is descriptive and observation; through these we’re able to conclude that both the interest rate and the trust law were able to make a positive turn for the real estate market since both of them are key players in the industry.