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.
Translated title of the contribution | Titling and land market |
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Original language | Spanish |
Pages (from-to) | 47-77 |
Number of pages | 31 |
Journal | Eure |
Volume | 37 |
Issue number | 111 |
DOIs | |
State | Published - May 2011 |
Externally published | Yes |