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Land Use Regulations, Compliance and Land Markets in Argentina

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  • Paavo Monkkonen
  • Lucas Ronconi

Abstract

Empirical evidence on the impact of stringent land use regulations on the price of land and housing in urban areas is growing, yet most research has been carried out in countries where ordinances are enforced. If enforcement is lax, the ultimate impact of strict rules on land and housing prices is unclear. Lower levels of compliance with rules can result in negative externalities and thereby exert downward pressure on the price of formal land. This paper presents an empirical analysis of the relationship between land use regulations, compliance and land prices in the three major metropolitan areas of Argentina, the country with the most stringent land use and urban development regulations in Latin America, using an original dataset gathered from parcel- and municipal-level surveys. Results show that municipalities with higher levels of regulation have lower rates of compliance with property laws, and lots selling legally in these municipalities have lower land prices.

Suggested Citation

  • Paavo Monkkonen & Lucas Ronconi, 2013. "Land Use Regulations, Compliance and Land Markets in Argentina," Urban Studies, Urban Studies Journal Limited, vol. 50(10), pages 1951-1969, August.
    • Handle: RePEc:sae:urbstu:v:50:y:2013:i:10:p:1951-1969
    DOI: 10.1177/0042098012471982
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    6. Daniel Orellana & Pablo Osorio, 2014. "Segregación socio-espacial urbana en Cuenca, Ecuador," Analítika, Analítika - Revista de Análisis Estadístico/Journal of Statistical Analysis, vol. 8(2), pages 27-38, Diciembre.
    7. Buitrago-Mora, Diego & Garcia-López, Miquel-Àngel, 2023. "Real estate prices and land use regulations: Evidence from the Law of Heights in Bogotá," Regional Science and Urban Economics, Elsevier, vol. 101(C).
    8. Noah J. Durst & Jake Wegmann, 2017. "Informal Housing in the United States," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 41(2), pages 282-297, March.
    9. Catalina Ortiz, 2024. "Writing the Latin American city: Trajectories of urban scholarship," Urban Studies, Urban Studies Journal Limited, vol. 61(3), pages 399-425, February.
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    13. Bryan Dorsey, 2021. "Refocusing on Sustainability: Promoting Straw Bale Building for Government-Assisted, Self-Help Housing Programs in Utah and Abroad," Sustainability, MDPI, vol. 13(5), pages 1-18, February.

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