Editing Economy of Pakistan (section)

==== Housing ====
{{Main|Housing in Pakistan}}
[[File:House on Mountains Amazing View of Murree City of Pakistan..jpg|thumb|House on mountains in [[Murree]]]]

The property sector has expanded 23-fold since 2001, particularly in metropolises like Lahore.<ref>[http://news.bbc.co.uk/1/hi/world/south_asia/5338402.stm Pakistan's post-9/11 economic boom] BBC News, 21 September 2006</ref> Nevertheless, the Karachi Chamber of Commerce and Industry estimated in late 2006 that the overall production of housing units in Pakistan has to be increased to 0.5 million units annually to address 6.1 million backlog of housing in Pakistan for meeting the housing shortfall in next 20 years. The report noted that the present housing stock is also rapidly aging and an estimate suggests that more than 50% of stock is over 50 years old. It is also estimated that 50% of the urban population now lives in slums and squatter settlements. The report said that meeting the backlog in housing, besides replacement of out-lived housing units, is beyond the financial resources of the government. This necessitates putting in place a framework to facilitate financing in the formal private sector and mobilise non-government resources for a market-based housing finance system.<ref>[http://www.brecorder.com/index.php?id=484346&currPageNo=2&query=&search=&term=&supDate= 0.5 million housing units needed annually to meet shortfall: KCCI] {{Webarchive|url=https://web.archive.org/web/20200804125427/https://www.brecorder.com/index.php?id=484346&currPageNo=2&query=&search=&term=&supDate= |date=4 August 2020 }} Business Recorder, 7 October 2006</ref> To promote affordable housing and home ownership among low to middle-income group, who currently do not own a house, [[State Bank of Pakistan|SBP]] in 2020 introduced the Government's Mark-Up Subsidy Scheme,  through which subsidized financing is provided to individuals for construction or purchase of a new house. Since then, a huge demand for house financing has been witnessed by the commercial banks.

{| class="wikitable"
|+Outstanding loans of consumer financing for house building (billion PKR)<ref name=":6">{{cite web|title=Credit/Loans Classified by Borrowers – Archive|url=https://www.sbp.org.pk/ecodata/CreditLoans-arch.xls|url-status=live|access-date=5 October 2021|website=sbp.org.pk|archive-url=https://web.archive.org/web/20101130004644/http://sbp.org.pk/ecodata/CreditLoans-arch.xls |archive-date=30 November 2010 }}</ref>
!Jun 2006
!Jun 2010
!Jun 2015
!Jun 2016
!Jun 2017
!Jun 2018
!Jun 2019
!Jun 2020
!Jun 2021
!Jun 2022
!Jun 2023
!Jun 2024
|-
|43.205
|54.500
|40.207
|48.153
|60.688
|82.939
|92.561
|79.803
|103.631
|200.765
|212.315
|203.580
|}