Real Estate and Urban Development in South America PDF Download

Author: Claudia Murray
Publisher: Routledge
ISBN: 1317289056
Category : Business & Economics
Languages : en
Pages : 214

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Book Description
Real Estate and Urban Development in South America uncovers how investors are navigating South American real estate markets in commercial, residential and infrastructure development. A preferred location for real estate development during the colonial era, in recent decades South America has been seen as high-risk for global real estate investors. This book explores the strengths and weaknesses of real estate markets in the region, concluding that with careful implementation of the correct development strategies, the region can once again take its place at the centre stage of global real estate investment. Comparing the economics and market maturity of South American countries in turn, the authors draw out the particular contexts in which investors and developers operate in mature and emerging markets. Bridging the gap between theory and practice, analysis of local development policies, legislation, valuation methods and taxation is supplemented with case studies from key players in the region’s major cities. The first full overview of real estate markets in South America, this book will be an essential guide for investors, policy makers, academics and students with an interest in this this rapidly evolving region.

Author: D. Rodgers
Publisher: Springer
ISBN: 1137035137
Category : Business & Economics
Languages : en
Pages : 444

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Book Description
By the dawn of the 21st century, more than half of the world's population was living in urban areas. This volume explores the implications of this unprecedented expansion in the world's most urbanized region, Latin America, exploring the new urban reality, and the consequences for both Latin America and the rest of the developing world.

Author: Carlos Leite
Publisher: Springer Nature
ISBN: 3030160122
Category : Science
Languages : en
Pages : 188

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Book Description
This book highlights current concepts of Social Urbanism, the contemporary set of multiple and interdisciplinary urban studies that have emerged mainly from the complex realities of Latin American cities. The discussion that follows places special emphasis on public land policy and the innovative urban instruments developed in that region to promote social and territorial inclusion. Critical reflections throughout the pages of this book shed light into the local context of each case-study in order to understand their specific set of challenges and opportunities. Relevant lessons are extracted from the three cities here analyzed, the medium-scale city of Medellin, the large-scale city of Bogota, and the megacity of Sao Paulo, as well as from local innovative experiences in Argentina and Uruguay. These cities underwent promising transformation processes over two decades, applying planning and financing instruments of land policy which have produced significant shifts in the urban development paradigm in the region. The quest for social inclusion has emerged as the common denominator in these cities, awakening growing interest across several fields of urban studies, from public policies and city management to urban law, city financing, urban development, and innovative community participation processes. The book brings implications on urban land policy for transition cities in the Global South. The question of social inclusion in Global South cities is however far from being solved; the analysis presented in this book shows advances and hope, besides a long path still ahead, which can only be faced through a continuous and challenging incremental process. May this book be an incremental step.

Author: Claudia Murray
Publisher: Routledge
ISBN: 1000210510
Category : Architecture
Languages : en
Pages : 230

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Book Description
This book examines real estate markets and urban development in Central America, Mexico and The Caribbean (CAMEC). It considers both residential and commercial real estate with a focus on industrial and hospitality sectors, infrastructure and logistics. The CAMEC region is besieged by complexity. Prone to natural disasters, and with the Mexico/US border constituting the largest human migration corridor on Earth, the region is also a vital trading hub for goods, linking commerce between the world’s two largest oceans and the Americas. The real estate markets in this area are dynamic, rapidly developing and under researched. This book analyses the particularities of these markets and the context in which investors and developers operate. The authors present case studies and contributions from key players in major cities in the region. The book exposes the regional risks and opportunities connected to urban development including market transparency, urban equity and development regulation. The research presented in this volume gives the reader a comprehensive picture of each country under study, detailing their individual commercial, residential, industrial, leisure and infrastructure sectors. This is essential reading for international investors, real estate students, researchers, and professionals with an interest in the region.

Author: Alfonso Valenzuela Aguilera
Publisher: Taylor & Francis
ISBN: 1000600572
Category : Business & Economics
Languages : en
Pages : 217

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Book Description
The Financialization of Latin American Real Estate Markets: New Frontiers introduces the fundamental principles of urban economics, housing, and large-scale real estate development in Latin America and equips aspiring investors and developers with the foundations for success in a unique, dynamic region. Using case studies from the Americas, this textbook provides a framework for assessing the economic, technological, social, and political forces that shape urban space, helping readers understand the aims and risks of real estate investment. Chapters on economic theory, novel financial instruments, and the regulatory environment connect real-world practice to the latest scholarly conversations in urban planning, real estate finance and development, and regional studies. Informed by the author’s extensive experience as an academic and practitioner throughout the region, this distinctive resource sheds light on the relationship between financial capital and urban form, and places Latin American cities at the center of the urban economy debate. Features: Provides a thorough introduction to the mechanics of real estate markets, grounding spatial and economic theories with practical examples of the tools used to finance urban development in Latin America Centers around case studies from Mexico, Brazil, Chile, Panama, Argentina, and Colombia—some of the region’s most dynamic markets Presents financial instruments such as mortgage-backed securities, collateralized debt obligations, credit default swaps, and real estate investment trusts in a global context Examines State policies and programs for housing and infrastructure in Latin America, demonstrating regional patterns and new perspectives Covers real estate finance from housing to megaprojects, exploring recent trends in infrastructure, commercial centers, and tourism with an eye toward sustainable financing practices for the future Suitable for graduate and upper-level undergraduate students of real estate, urban planning, and Latin American studies, The Financialization of Latin American Real Estate Markets: New Frontiers also serves as essential reading for professionals in international real estate finance and development.

Author: Martim Oscar Smolka
Publisher: Lincoln Inst of Land Policy
ISBN: 9781558442849
Category : Business & Economics
Languages : en
Pages : 68

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Book Description
The report examines a variety of specific instruments and applications in municipalities throughout the region under three categories: property taxation and betterment contributions; exactions and other direct negotiations for charges for building rights or the transfer of development rights; and large-scale approaches such as development of public land through privatization or acquisition, land readjustment, and public auctions of bonds for purchasing building rights. It concludes with a summary of lessons learned and recommends steps that can be taken in three spheres: Learn from Implementation Experiences Increase Knowledge about Theory and Practice Promote Greater Public Understanding and Participation

Author: Michael Cohen
Publisher: Routledge
ISBN: 0429650639
Category : Business & Economics
Languages : en
Pages : 388

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Book Description
This book evaluates the impact of 20 years of urban policies in six Latin American countries: Argentina, Brazil, Chile, Colombia, Ecuador and Mexico. It argues that evaluating the fulfillment of past commitments is essential for framing and meeting the new commitments that were taken in Habitat III over the next 20 years. Taken as a whole, the book provides a critical assessment of the economic, social and environmental consequences of urban interventions during Habitat II. The country-level chapters have been written by recognized experts in urban issues, with first-hand knowledge of the Habitat process, and deep familiarity with the problems, statistics, actors and political contexts of their nations. The latter part of the volume considers wider topics such as the Habitat Commitment Index, the New Urban Agenda and the regional and global-scale lessons that can be extracted from this group of countries. Urban Policy in Latin America will be of interest to advanced students, researchers and policymakers across development economics, urban studies and Latin American studies.

Author: Camillo Boano
Publisher: Routledge
ISBN: 1317301803
Category : Business & Economics
Languages : en
Pages : 242

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Book Description
In the 1970s and following on from the deposition of Salvador Allende, the Chilean dictatorship of Augusto Pinochet installed a radical political and economic system by force which lent heavy privilege to free market capitalism, reduced the power of the state to its minimum and actively suppressed civil society. Chicago economist Milton Friedman was heavily involved in developing this model, and it would be hard to think of a clearer case where ideology has shaped a country over such a long period. That ideology is still very much with us today and has come to be defined as neoliberalism. This book charts the process as it developed in the Chilean capital Santiago and involves a series of case studies and reflections on the city as a neoliberal construct. The variegated, technocratic and post-authoritarian aspects of the neoliberal turn in Chile serve as a cultural and political milieu. Through the work of urban scholars, architects, activists and artists, a cacophony of voices assemble to illustrate the existing neoliberal urbanism of Santiago and its irreducible tension between polis and civitas in the specific context of omnipresent neoliberalism. Chapters explore multiple aspects of the neoliberal delirium of Santiago: observing the antagonists of this scheme; reviewing the insurgent emergence of alternative and contested practices; and suggesting ways forward in a potential post-neoliberal city. Refusing an essentialist call, Neoliberalism and Urban Development in Latin America offers an alternative understanding of the urban conditions of Santiago. It will be essential reading to students of urban development, neoliberalism and urban theory, and well as architects, urban planners, geographers, anthropologists, economists, philosophers and sociologists.

Author: Eugenie L. Birch
Publisher: University of Pennsylvania Press
ISBN: 081229257X
Category : Social Science
Languages : en
Pages : 252

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Book Description
Large 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 provide detailed portraits of individuals and community organizations, revealing in granular detail the working of informal real estate markets, and they review programs that have been implemented in unconventional settlements to provide lessons about the effectiveness and implementation challenges of different approaches. Chapters explore the relationships between informality, state policies, and market forces from a range of disciplinary perspectives and on different scales, from an analysis of the relationship between regulations and housing in 600 developing world cities to an ethnographic account of the buying and selling of houses in Rio de Janeiro's favelas. While many of the book's contributors focus on the emerging economies of India and Brazil, the conclusions drawn illustrate dynamics relevant to developing countries throughout the Global South. The diversity of perspectives combines to create a rich understanding of an important, complex, and understudied topic. Contributors: Arthur Acolin, Sai Balakrishnan, Eugenie L. Birch, José Brakarz, Shahana Chattaraj, Sebastian Galiani, David Gouverneur, Yvonne Mautner, Paavo Monkkonen, Vinit Mukhija, Janice E. Perlman, Lucas Ronconi, Bish Sanyal, Ernesto Schargrodsky, Patrícia Cezário Silva, Susan M. Wachter.

Author: Diego Alfonso Erba
Publisher:
ISBN: 9781558443525
Category : Cadastres
Languages : en
Pages : 0

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Book Description
In Latin America, a territorial cadastre is a public registry that manages information relating to parcels of land. As an institution, the cadastre is common in many countries, although it does not exist in the United States. The cadastre plays a key role in urban planning and property valuation in Latin America. An increasing number of jurisdictions in Latin America have begun to move from the orthodox cadastre model imported from Europe to the multipurpose cadastre (MPC) model. An MPC is based on a partnership of stakeholders committed to generating extensive, detailed, and up-to-date information about a city. In addition to legal, economic, and physical characteristics contained in the orthodox cadastre, an MPC also shares alphanumeric data, maps, and human and financial resources. In recent years, conditions in many countries of Latin America have favored the implementation of MPCs at reasonable cost. This report describes the past, present, and potential future role of cadastres as a land policy tool in Latin America. It describes how national, regional, and local jurisdictions across Latin America have used updated orthodox and/or multipurpose cadastres to strengthen urban financing and inform planning decisions. The following set of practices and policies will facilitate the implementation of an MPC. Assess and utilize existing data. Use existing technology to the fullest, and explore free software alternatives. Coordinate actions and databases with the greatest number of partners possible. Incorporate data on informal settlements in cadastre maps and characterize the parcels in the alphanumeric database.