Slums - 9780812247947

SlumsHow Informal Real Estate Markets Work\nAuthor(s): Eugenie L. Birch, Shahana Chattaraj, Susan M. Wachter\nFormat: Hardback\nPublisher: University of Pennsylvania Press, United States\nImprint: University of Pennsylvania Press\nISBN-13: 9780812247947, 978-0812247947\nSynopsis\nLarge numbers of people in urbanizing regions in the developing world live and work in unplanned settlements that grow through incremental processes of squatting and self-building. Slums: How Informal Real Estate Markets Work shows that unauthorized settlements in rapidly growing cities are not divorced from market forces; rather, they must be understood as complex environments where state policies and market actors still do play a role. In this volume, contributors examine how the form and function of informal real estate markets are shaped by legal systems governing property rights, by national and local policy, and by historical and geographic particularities of specific neighborhoods. Their essays provid.