Can Fox Make Mexico A Nation Of Homeowners?

The first task: vastly boost mortgage lending

Each year, 700,000 weddings take place in Mexico. The vast majority of these newly married couples have nowhere to live and start out bunking with inlaws. Many will go on to build their own homes, one cinder block at a time. A lucky few may eventually qualify for a government-subsidized mortgage. Only the wealthiest will be able to buy a house outright, usually with the help of relatives.

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