Convergence Trends in Formal and Informal Housing Markets: The Case of Turkey

Ayse Pamuk

35 citations0/0 files storedJournal of Planning Education and Research

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Urban and Rural Development Challenges Housing Market and Economics Turkish Urban and Social Issues

Abstract

This paper highlights the economic and policy significance of informal institutional arrangements (ignored in past research) governing housing transactions citywide that permeate both formal and informal sectors, blurring the conventional formal/informal distinction. It documents the convergence in formal and informal housing markets in Turkey by focusing on the "build and sell system," an institutional arrangement between land owners and small scale contractors/ entrepreneurs governing multistory housing construction. Other informalization trends in formal subdivisions such as noncompliance with building codes (induced by amnesty laws), and formalization trends in gecekondu settlements such as commercialization and densification (accelerated by municipal regularization programs and land pressures) depict the convergence.

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References

1990Institutions, Institutional Change and Economic Performance 1991Order without Law 1989The Other Path: The Invisible Revolution in the Third World1 1977Housing by people: Towards autonomy in building environments 1977The Myth of Marginality: Urban Poverty and Politics in Rio De Janeiro.1978Informal sector or petty commodity production: Dualism or dependence in urban development?2004Regional Development Dialogue 1993Housing Enabling Markets to Work

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