Overview

Original Research

POST-COVID HOUSING FINANCE INDUSTRY POISED FOR RESURGENCE: AN ANALYSIS

D. SRINIVASA KUMAR 1, T. RAMPRASAD 2, and M. JAYANTHI RAO 3.

Vol 18, No 03 ( 2023 )   |  DOI: 10.17605/OSF.IO/ZFMAU   |   Author Affiliation: Department of Basic Sciences and Humanities, GMR Institute of Technology, Rajam, Andhra Pradesh, India 1; Department of Mathematics, Vasavi College of Engineering (A), Hyderabad, Telangana, India 2; Department of Computer Science and Engineering, Aditya Institute of Technology and Management, Tekkali, India 3.   |   Licensing: CC 4.0   |   Pg no: 533-541   |   Published on: 17-03-2023

Abstract

The demand for housing is inversely correlated with people's income and the cost of building homes. This essay examines how HFCs helped the Indian economy flourish and the issues they solved before and after COVID. In order to analyses the effects of HFCs, we have employed a variety of descriptive statistics. We have also used correlation analysis and co-integration to determine the relationship between variables like the amount of HFCs and its operating revenue, operating expenditures, and profit after tax. It has been demonstrated that the variables exhibit a significant degree of correlation. The hypothesis indicating the existence of a long-run co-integration link was rejected as a result of Johansen's co-integration study. The government's efforts to provide affordable housing considering the current housing crisis aid in maintaining the HFCs industry in post covid situation also.

Keywords

COVID, Housing Finance Companies (HFCs), National Housing Bank (NHB), Loans, Co-Integration