Quiroz says capital-markets reform will focus on housing access

Finance Minister Jorge Quiroz says Chile’s planned capital-markets reform will put young families’ access to housing among its main goals. He said the government wants to improve credit conditions so homes can once again become affordable.

Speaking on the program “Felipe Podkast,” Quiroz said the initiative would seek to make it easier for young families to return to the housing market. “One of its main goals will be to allow young families to regain access to housing, because we will seek to ensure that credit conditions can once again make housing affordable,” he said.

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One of its main goals will be to allow young families to regain access to housing, because we will seek to ensure that credit conditions can once again make housing affordable.

Quiroz also said the second stage of the government’s economic agenda would begin work on Sept. 7. He described that stage as important because it would allow the government to “recover ground and lost time from many years.”

He presented modernization of the capital market as necessary because a long period has passed since the system’s last major update. His explanation began by pointing to changes in technology, although the available text ends before he completed that point.

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Now, on September 7. It is very important. It will allow us to recover ground and lost time from many years.