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      Informal Housing in the United States : Informal Housing In The United States

      1 , 2

      International Journal of Urban and Regional Research

      Wiley

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          Most cited references 29

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          Why India Cannot Plan Its Cities: Informality, Insurgence and the Idiom of Urbanization

           A. Roy (2009)
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            From `Dangerous Classes' to `Quiet Rebels': Politics of the Urban Subaltern in the Global South

             A. Bayat (2000)
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              On the mystery of capital and the myths of Hernando de Soto: What difference does legal title make?

               Alan Gilbert (2002)
              Hernando de Soto's new bestseller, The Mystery of Capital , attributes the failure of capitalism in the Third World to the lack of property titles. Many governments around the world are following this advice and are busy distributing legal titles to self-help families. Using data gathered in the now legalised self-help settlements of Bogotá , the paper questions a number of the alleged benefits of legalisation. It shows how sales are more common when people lack legal title, how informal finance is available at the commencement of an illegal settlement and how little formal finance is forthcoming after legalisation. Most importantly, it shows that there is little sign of a secondary housing market. And, if there is little possibility of selling a house, home ownership in the self-help suburbs can offer little in the way of capital accumulation. It is hard to make money from a house that cannot be sold. Perhaps, de Soto's argument is less a panacea than a populist dream.
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                Author and article information

                Journal
                International Journal of Urban and Regional Research
                Int J Urban Regional
                Wiley
                03091317
                March 2017
                March 2017
                March 06 2017
                : 41
                : 2
                : 282-297
                Affiliations
                [1 ]The Lyndon B. Johnson School of Public Affairs, The University of Texas at Austin; TX 78713-8925 USA
                [2 ]School of Architecture, The University of Texas at Austin, 310 Inner Campus Drive B7500; Texas TX 78712-1009 USA
                Article
                10.1111/1468-2427.12444
                © 2017

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