Land Market Reform in Santiago, Chile: Effects on Land Prices and Residential Segregation
DOI:
https://doi.org/10.4067/S0250-71612000007700003Keywords:
land market, urban policy, economic restructuring, segregationAbstract
The early and radical liberalization of Chilean urban land markets has had unexpected consequences on land prices and on residential segregation in Santiago: prices have grown persistently after the elimination in 1979 of the law on Í€œurban limitsÍ€ and other market-oriented reforms; and segregation has reduced its geographical scale in important parts of the city due to the action of the strong private real estate sector that emerged in the 1980s. These two are relevant facts for urban development, in general, and have a direct impact on the compelling problem of urban poverty, in particular: land prices condition access to land on the part of the poor; and patterns of segregation, their prospects for social integration. These two facts, as well as their implications for urban policy, have been, for the most part, neglected both by the government and by researchers.
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Copyright (c) 2000 Revista EURE - Revista de Estudios Urbano Regionales
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