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- W282077220 abstract "Residential lots developed illegally by entrepreneurs and sold with rudimentary or no public services account for between onethird and one-half of the residential land developed to date in Bogota, Colombia. As one alternative to these pirate subdivisions, legally approved minimum norm developments with minimum levels of public services have been instituted in Bogota in the past few years. Analysis of data from 135 pirate and 14 minimum norm developments shows that developers of minimum norm lots spend about twice as much on infrastructure per lot as do pirate developers, and sell their lots for about eighty percent more per square meter. The total cost of minimum norm lots are only a third greater than pirate lots because they are only three-fourths as large as pirate lots. Median rates of return for pirate developments indicate that the development of pirate lots is competitive. Median rates of return for minimum norm developments suggest the presence of significant restrictions on the supply of land zoned for minimum norm development." @default.
- W282077220 created "2016-06-24" @default.
- W282077220 creator A5079767559 @default.
- W282077220 date "1980-10-31" @default.
- W282077220 modified "2023-09-24" @default.
- W282077220 title "Pirate subdivisions and the market for residential lots in Bogota" @default.
- W282077220 hasPublicationYear "1980" @default.
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