Squatters' Rights and Urban Development: An Economic Perspective
AbstractUp to 35 percent of urban dwellers in third world cities are squatters. The characteristics of the squatting phenomenon are both varied and puzzling. Of particular interest are the observations that (1) landowners often do not collect rent from squatters for use of the land and (2) costly evictions are sometimes used without subsequent development of the land, which in many cases is resettled by squatters. The authors present an economic model of landowner-squatter interaction which is consistent with these observations. This model is then used to enlighten certain aspects of socially optimal land management policy for squatter areas. Copyright 1991 by The London School of Economics and Political Science.
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Bibliographic InfoArticle provided by London School of Economics and Political Science in its journal Economica.
Volume (Year): 58 (1991)
Issue (Month): 229 (February)
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- Hoy, M. & Jimenez, E., 1988. "Squatters' Right And Urban Development: An Economic Perspective," Working Papers 1988-14, University of Guelph, Department of Economics and Finance.
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- Michael Hoy & Emmanuel Jimenez, 2006. "Property Rights and the Urban Environment: Local Public Goods in Indonesian Cities," Working Papers 0609, University of Guelph, Department of Economics and Finance.
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- Michael Jacobs & William D. Savedoff, 1999. "There's More Than One Way to Get a House: Housing Strategies in Panama," Research Department Publications 4156, Inter-American Development Bank, Research Department.
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- Navarro, Ignacio & Turnbull, Geoffrey K., 2010. "Antichresis leases: Theory and empirical evidence from the Bolivian experience," Regional Science and Urban Economics, Elsevier, vol. 40(1), pages 33-44, January.
- Kapoor, Mudit & le Blanc, David, 2008. "Measuring risk on investment in informal (illegal) housing: Theory and evidence from Pune, India," Regional Science and Urban Economics, Elsevier, vol. 38(4), pages 311-329, July.
- Turnbull, Geoffrey K., 2008. "Squatting, eviction and development," Regional Science and Urban Economics, Elsevier, vol. 38(1), pages 1-15, January.
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