Download or read book Real Estate Markets and Poverty Alleviation in Namibia s Urban Informal Settlements written by Manya Mainza Mooya and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This research investigates, using the New Institutional Economics theories of property rights and transaction cost, two interrelated problems. Firstly, the question of whether real estate markets in the urban informal settlements of Namibia could be used to alleviate poverty or, to put it differently, create wealth. The second problem relates to the question of whether specific forms of property rights matter for engendering pro-poor outcomes in real estate markets and, if so, what form these are likely to take. Corresponding to these questions are two working hypotheses respectively. Firstly, it is hypothesised that real estate is a significant asset held by the urban poor in Namibia and that there is potential for capital accumulation by trading up in real estate markets. Secondly it is hypothesised that, by affecting the incentive structure of, and transaction costs in real estate markets, systems of property rights affect market outcomes, thus ultimately determining whether these markets may be efficacious for poverty alleviation. The study employs the comparative institutional methodological approach in a case study framework to examine effects of three types of property rights regimes on low income real estate markets in settlements located on Windhoek's periphery. The main empirical data for the study were collected by means of a questionnaire survey of 440 households in two settlements called Goreangab and Okahandja Park respectively. This survey was supplemented by 14 unstructured interviews with selected respondents and by key-informant interviews with officials from the Windhoek City Council (WCC), the Namibian Housing Action Group (NHAG), and the Namibian Housing Enterprises (NHE). The study finds that real estate is indeed a major asset held by the respondents. The study finds that, while there are robust rental markets for rooms and backyard structures, there is very limited sale activity. The study also finds that in the absence of formal property rights, social networks and hierarchical organisations rather than impersonal markets provide the institutional structure to transaction activity. It is found that the degree of formality of property rights correlates to perception of security, that property rights affect investment in housing and that property rights (to some extent) affects the degree of market activity. The study therefore concludes that while not insignificant gains are to be had from rental markets, there is at present limited potential to derive benefits from sale markets in Namibia due to a lack of trading activity. The first hypothesis is thus only partially confirmed. It is also concluded that while social networks guarantee access to urban land for the poor, they tend to lock them in enclaves of ethnic and kinship relations, inhibiting the development of wider, impersonal markets argued to be necessary for capital accumulation. Further, it is concluded that formal property rights create incentives for investment and therefore matter for capital accumulation, but that they are not necessarily accessible to the poor. The second hypothesis, that property rights affect market outcomes, is substantially confirmed. Overall the study concludes that there is good potential for leveraging real estate markets in Namibia's (and other developing countries') informal settlements for capital accumulation but that these need to be primed first. This means deliberate interventions with the aim of bringing about increased trading activity. In this regard specific proposals have been made for policy intervention in three key areas, namely, the creation of appropriate property rights systems, together with supporting organisational infrastructure, the expansion of physical infrastructure and the building of shared understanding and trust in urban communities. The study makes a number of key contributions to knowledge about the relationship between real estate markets and poverty alleviation in the area of theory, methodology, policy and empirical data.
Download or read book Evaluation of Innovative Land Tools in Sub Saharan Africa written by P. van Asperen and published by IOS Press. This book was released on 2014-09-17 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sub-Saharan Africa is urbanizing rapidly, but most countries lack appropriate tools to manage their urban growth. This creates both risks and opportunities for prospective land holders, resulting in a tangle of insecure land rights and claims under multiple tenure systems. Recently, innovative land tools have been proposed and implemented to formalize land tenure. It is envisaged that tenure security for land holders will increase and in turn contribute to poverty reduction. This study evaluates such tools in three peri-urban areas in Lusaka (Zambia), Oshakati (Namibia) and Gaborone (Botswana), with a focus on the perspective of the land holders. The author concludes that the tools are to some extent pro-poor, and makes recommendations for further improvements. These innovative land tools are also considered a necessary addition to conventional and administration tools. This study makes valuable reading for academics, policy makers and practitioners within the land administration domain and related disciplines.
Download or read book CORP 2011 Proceedings Tagungsband written by Manfred Schrenk and published by Lulu.com. This book was released on with total page 725 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Informal Settlements in Namibia written by Beat Weber and published by . This book was released on 2017 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Understanding African Real Estate Markets written by Aly Karam and published by Taylor & Francis. This book was released on 2022-04-28 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together a broad range of research that interrogates how real estate market analysis, finance, planning, and investment for residential and commercial developments across the African continent are undertaken. In the past two decades, African real estate markets have rapidly matured, creating the conditions for new investment opportunities which has increased the demand for a deeper understanding of the commercial and residential markets across the continent. The chapters consider issues that pertain to formal real estate markets and the critical relationship between formal and informal property markets on the continent. With contributing authors from South Africa, Ghana, Nigeria, Uganda, Kenya, and Tanzania, the book considers the achievements of African real estate markets while also highlighting the complex central themes such as underdeveloped land tenure arrangements, the availability of finance in both the commercial and residential sectors, rapidly growing urban areas, and inadequate professional skills. This book is essential reading for students in real estate, land management, planning, finance, development, and economics programs who need to understand the nuances of markets in the African context. Investors and policy makers will learn a lot reading this book too.
Download or read book The Principles of Local Agenda 21 in Windhoek written by Jane Gold and published by IIED. This book was released on 2001 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A study on poverty alleviation in the informal settlement communities in Windhoek written by Taukuheke David Sem and published by . This book was released on 2010 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Urban Land Markets written by Somik V. Lall and published by Springer Science & Business Media. This book was released on 2009-10-07 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: As urbanization progresses at a remarkable pace, policy makers and analysts come to understand and agree on key features that will make this process more efficient and inclusive, leading to gains in the welfare of citizens. Drawing on insights from economic geography and two centuries of experience in developed countries, the World Bank’s World Development Report 2009: Reshaping Economic Geography emphasizes key aspects that are fundamental to ensuring an efficient rural-urban transformation. Critical among these are land, as the most important resource, and well-functioning land markets. Regardless of the stage of urbanization, flexible and forward-looking institu- ons that help the efficient functioning of land markets are the bedrock of succe- ful urbanization strategies. In particular, institutional arrangements for allocating land rights and for managing and regulating land use have significant implica- ons for how cities deliver agglomeration economies and improve the welfare of their residents. Property rights, well-functioning land markets, and the management and servicing of land required to accommodate urban expansion and provide trunk infrastructure are all topics that arise as regions progress from incipient urbani- tion to medium and high density.
Download or read book Housing Market Dynamics in Africa written by El-hadj M. Bah and published by Springer. This book was released on 2018-03-12 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book utilizes new data to thoroughly analyze the main factors currently shaping the African housing market. Some of these factors include the supply and demand for housing finance, land tenure security issues, construction cost conundrum, infrastructure provision, and low-cost housing alternatives. Through detailed analysis, the authors investigate the political economy surrounding the continent’s housing market and the constraints that behind-the-scenes policy makers need to address in their attempts to provide affordable housing for the majority in need. With Africa’s urban population growing rapidly, this study highlights how broad demographic shifts and rapid urbanization are placing enormous pressure on the limited infrastructure in many cities and stretching the economic and social fabric of municipalities to their breaking point. But beyond providing a snapshot of the present conditions of the African housing market, the book offers recommendations and actionable measures for policy makers and other stakeholders on how best to provide affordable housing and alleviate Africa’s housing deficit. This work will be of particular interest to practitioners, non-governmental organizations, private sector actors, students and researchers of economic policy, international development, and urban development.
Download or read book Land and Urban Policies for Poverty Reduction written by and published by . This book was released on 2007 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book As Long as They Dont Bury Me Here written by Inge Tvedten and published by African Books Collective. This book was released on 2011-12-29 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: An increasing number of poor Southern Africans live in poverty-stricken urban slums or shantytowns. Focusing on four shantytowns in the northern Namibian town of Oshakati, this book analyses the coping strategies of the poorest sections of such populations. The study is based on fieldwork conducted intermittently during a period of ten years. It combines theories of political, economic and cultural structuration, and of the material and cultural basis for social relations of inclusion and exclusion as practise. The poorest shanty dwellers are marginalised or excluded from vital urban and rural relationships and forced into social relations of poverty amongst themselves. Having experienced long-term processes of impoverishment, the very poorest and most destitute in the shantytowns tend to give up improving their lives and act in ways that further undermine their position.
Download or read book Land Tenure Housing Rights and Gender in Namibia written by and published by . This book was released on 2005 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Local Governance Urban Poverty and Service Delivery in Namibia written by and published by . This book was released on 2005 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Neoliberal Framework for Urban Housing Development in the Global South written by Sampa Chisumbe and published by Emerald Group Publishing. This book was released on 2024-03-22 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Neoliberal Framework for Urban Housing Development in the Global South highlights the factors which predict urban housing development from developing countries’ perspective, providing a guide for countries in the sub-Sahara.
Download or read book Informal Settlements Un exploited Opportunities for Rural and Urban Development written by Carl-Olof Selenius and published by . This book was released on 2004 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Poverty Alleviation in Rural Namibia Through Improved Access to Financial Services written by Jonathan Adongo and published by . This book was released on 2006 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Secondary Cities and Local Governance in Southern Africa written by Abraham R. Matamanda and published by Springer Nature. This book was released on 2024-01-16 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first to consider the roles, challenges and governance responses of secondary cities in southern Africa to changing circumstances. Among the challenges are governance under conditions of resource scarcity, managing informality, the effects and responses to climate change and the changing roles of the cities within the national space economy. It fills the gap in the literature on secondary cities with original case studies drawn from South Africa, Zimbabwe and Mozambique. The authors are all African scholars, working and living in the region with intimate knowledge of the settings they describe. The book is critical as it includes such regional case studies of different secondary cities in Southern Africa but also because of it’s multidisciplinarity: it contains substantive and pertinent issues such as climate change, disaster management, local economic development, and basic services delivery. It considers diverse environments, yet with similar challenges that could provide useful policy and governance proposals for other cities.
