Slum Real Estate: The Low-Quality High-Price Puzzle in Nairobi's Slum Rental Market and Its Implications for Theory and Practice

• Tác giả: Sumila Gulyani
• Ngôn ngữ: eng
• Ký hiệu phân loại: 307.33 *Patterns of use
• Thông tin xuất bản: 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 310525
• Chủ đề: 1. Economic Development: Human Resources; 2. Human Development; 3. Income Distribution; 4. National Government Expenditures and Related Policies: Infrastructures; 5. Other Public Investment and Capital Stock H540

Tóm tắt

This study of 1,755 households in Nairobi's slums challenges the conventional belief that slums offer low-quality, low-cost shelter to a population that cannot afford better standards. In Nairobi, slums provide low-quality but high-cost shelter. Although slum residents pay millions of dollars in rents annually, and better quality units command higher rents, very little is being re-invested to upgrade quality. To resolve the challenge that the Nairobi puzzle poses for theory and practice, we develop a new analytical framework for understanding quality of living conditions. Improving conditions in Nairobi's slums requires, we argue, two simultaneous interventions: alteration of the tenure mix to enhance owner occupancy and infrastructure investment.