Property deeds and the land market

Authors

  • Julio Calderón Cockburn Consultor independiente, profesor de la Maestría de Arquitectura y Urbanismo de la Universidad Nacional de Ingeniería (UNI)

DOI:

https://doi.org/10.4067/S0250-71612011000200003

Keywords:

human settlements, informal economy, land market, real state market, poverty

Abstract

This study analyzes the relationship between recorded land titles and real estate markets in areas of Lima, Peru, that were settled informally and/or illegally. It uses both quantitative and qualitative methodologies. It shows that, in settlements in the process of consolidation, titled land has higher market value than land without a title. However, the existence of a recorded title does not necessarily contribute to the predominance of formal real estate market transactions; in fact, the trend of informal transactions in rentals, purchases and sales persists.

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Published

2011-05-02

How to Cite

Calderón Cockburn, J. (2011). Property deeds and the land market. Revista EURE - Revista De Estudios Urbano Regionales, 37(111). https://doi.org/10.4067/S0250-71612011000200003

Issue

Section

Articles