ABSTRACT
Housing finance is all too often seen as a dry technical subject which we all realise we ought to know something about, but would rather ignore. We assume we have to be numerate and understand accounting principles. We might also be frightened of the jargon and the heavy use of acronyms such as HIPs, HRAs, RSF, PWLB1 and so on. Indeed, having taught housing finance for ten years now, and at various levels, I am aware that fear is one of the main stumbling blocks to understanding housing finance. Students and housing practitioners put themselves off by assuming that housing finance is too complex and difficult for them to comprehend. Not surprisingly, their fears are frequently confirmed. Most people, I would suggest, have an attitude problem when it comes to housing finance.
