The Economic Theory Proper to the Favela. Four Considerations on Where the Poor Dwell and the Illegitimate Real Estate Market
Keywords:
Ciudad marginada, favelas, mercado inmobiliario informal, Río de Janeiro (Brasil)Abstract
The paper offers some considerations upon the links as between the illegitimate or non-formal real estate
market in the favelas of Rio de Janeiro and the dynamics governing the residential mobility of the poor.
Some empirical evidence is offered as to real estate prices to point up the special characteristics of this nonformal
traffic in land in the favelas. Basing itself upon this analysis, the paper then questions the upshot of
any city planning policies that have as their focus the correcting of perverse urban phenomena.
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Copyright (c) 2003 Pedro Abramo

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