The external effects of public housing developments on informal housing: The case of Medellín, Colombia
Authors
Posada, Hector M.
García-Suaza, Andrés
Londoño, David
Editor
Publication date
2022-09-20
Document language
eng
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Journal Title
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Volume Title
Abstract
Provision of new subsidized housing projects has proven to be an effective alternative to reduce the high level of quantitative housing deficit in developing countries. However less is known about how these housing projects affect the quality of the surrounding habitat, especially when projects are located in areas with high levels of precarious housing. Using highly granular public information from Medellin, Colombia, we estimate the causal effect of new social housing projects (VIS) on housing quality indicators in the neighborhood. To estimate this causal effect, we use the geological quality of the land as an instrumental variable for a measure of exposition to new social housing projects. Our results show that new VIS projects lead to a reduction of informal housing, poverty, and crime in the neighborhood.
Description
Códigos JEL
R23 - Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics, R31 - Housing Supply and Markets, R58 - Regional Development Planning and Policy
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Keywords
Public housing, Informal housing, Neighborhoods, Developing country
Keywords
Groups
Informalidad
