The Value of Legal Housing Titles: An Empirical Study

25 Pages Posted: 14 Sep 2004

See all articles by Fabio Mendez

Fabio Mendez

University of Arkansas - Sam M. Walton College of Business

Date Written: July 9, 2004

Abstract

This paper estimates the value of legal housing titles using a Costa Rican urban housing survey conducted in 1997. The general results obtained regarding the value of legal titles to the average individual are consistent with past estimations found in the literature, but the implications for policy are new; as some groups are shown to value legal titles more than others. The criterion used to create these groups was inspired by the theoretical guidelines provided by past literature and could be easily reproduced by policy makers who may wish to target these types of individuals

Keywords: housing, property titles, property rights

JEL Classification: O17, O18, P14, R31

Suggested Citation

Mendez, Fabio, The Value of Legal Housing Titles: An Empirical Study (July 9, 2004). Available at SSRN: https://ssrn.com/abstract=590732 or http://dx.doi.org/10.2139/ssrn.590732

Fabio Mendez (Contact Author)

University of Arkansas - Sam M. Walton College of Business ( email )

Fayetteville, AR 72701
United States

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