DOI: 10.22217/upi.2018.551
Reflections on Policies for Informal Real Estate Markets in Developing Countries

Bish Sanyal

Keywords: Informal Housing; Real Estate Market; Policy; Developing Countries; Slum

Abstract:

This study draws critical issues on urban informal real estate markets through lessons learned by academics and practitioners based on empirical evidence from Brazil, India, and China. The first part provides a brief synopsis of how policy makers viewed informal settlements at the time of the World Bank’s study. The second part is a brief analysis of three key policy interventions designed to improve the functioning of informal real estate markets, i.e., in-situ upgrading, offering private property rights, and slum redevelopment. The third part concludes by proposing three research questions that need to be addressed to better intervene in informal real estate markets.

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References:
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