GEOG 3050 Lecture Notes - Lecture 4: Deed, Land Titling, Land Values
10 Apr 2013
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Document Summary
The limits of land titling and home ownership. Loans crisis in uk/us awakening for financial institutions & authorities responsible for ensuring standards of operation are sound/ethical/sustainable. Counterproductive to promote land/home ownership to ppl unable to service loans (interest rates high) To be seen if this has decreased home ownership & land titling programmes in low/middle income countries where affordability levels are lower & more vulnerable to change. Aim assess nature & extent of knowledge of the outcomes of land titling as a means of promoting social/economic devt & reducing poverty. Land titling: allocation of real property rights on land. De soto poverty b/c of undeveloped property regimes poor hold assets but in defective form therefore. Dead capital by giving poor land titles can enliven the dead capital and use properties as collateral for loans to get out of poverty: unsure if does enliven dead capital. More nuanced approaches recognized (ex. not sole solution to solving the poor"s problems)
