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Tenure security premium in informal housing markets : a spatial hedonic analysis (Inglés)

This paper estimates slum residents' willingness to pay for formalized land tenure in Pune, India. In so doing, it offers evidence that the legal assurance of slum residents' occupancy of their lands could benefit them. Previous studies have discussed legal and non-legal factors that substantially influence the tenure security of residents in informal settlements. However, it remains unclear to what extent, and how, the assignment of legal property...
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