Abstract
The main aim of his study is to determine Demographic and Economic
factors that affect the housing finance demand to meet the housing needs
and develop the performance of housing sector in Jordan, depending on
the available statistics from the Department of Statistics, Central Bank
of Jordan, and the annual reports of financial companies that provide
housing loans.
The econometric analysis has been used, which depends on the
regression analysis of dependent variables on independent variables
using multiple linear regression model. In addition to the correlation
analysis between all dependent and independent variables to exclude
the independent variables that show a strong relation between them and
to determine the most effective factors in the housing finance demand.
Also, the descriptive analysis method has been used depending on
relative frequency and histogram chart in analyzing the results of the
questionnaire. And the following conclusions have been obtained:
l- The demographic factors consider the main identifications of housing
demand, where the results show a positive relationship between the population
growth rate, number of households, net migration, and urbanization ratio
from one side and the housing demand from the other side.
2- The housing finance demand depend on a group of economic factors
as follows:-
a- There is a negative relationship between the annual household
income, government debt ratio, and money supply from one side and
housing finance demand from the other side.
b- There is a positive relationship between the housing demand,
construction price index, and demand deposit size from one side and
the housing finance demand from the other side.
3- Housing finance demand determined by a set of qualitative factors
represented by; short-term of the loan, high interest rate, required
guarantees, social and religion cultures, the existence of a floor of the
loan, and the high desire of individual and households to hold cash
money.