Measuring Risk on Investment in Informal (Illegal) Housing: Theory and Evidence from Pune, India

Measuring Risk on Investment in Informal (Illegal) Housing: Theory and Evidence from Pune, India

In this paper, we analyze a household's decision to invest in informal (illegal) housing in developing countries. Using a simple model of housing supply, we show that the difference in the rates of return on housing investment in the formal and informal sectors reflects the additional risk asso...

Full description

Bibliographic Details
Main Authors: Kapoor, Mudit, le Blanc, David
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Personal Finance D140
Illegal Behavior and the Enforcement of Law K420
Microeconomic Analyses of Economic Development O120
Formal and Informal Sectors
Shadow Economy
Institutional Arrangements O170
Economic Development: Regional, Urban, and Rural Analyses
Transportation O180
Urban, Rural, and Regional Economics: Housing Demand R210
Online Access:http://hdl.handle.net/10986/5895

Internet

http://hdl.handle.net/10986/5895

Similar Items