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Guatemala is located in the North side of America and became an independent state once it freed itself from Spain. Because it was a newly established state, it needed a lot of reforms and rules in order to ensure people continued to live in harmony. Following is a brief insight to the various housing policies that were introduced in Guatemala.
The very first policy reforms that were introduced in Guatemala were in 1997. These reforms were made with a great amount of help from the financial department that had been set up.
It is important to understand the role macro-economy played in the housing policies. They had a vital role to play in the political establishments and the social circumstances in the country too. Following are the conditions:
These are the struggled Guatemala faced but ultimately resolved in their housing sector.