My house would be depreciated: effects analysis of social housing location in the barrio Matta Sur, Santiago de Chile | Investigaciones Geográficas
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My house would be depreciated: effects analysis of social housing location in the barrio Matta Sur, Santiago de Chile

Authors

  • Gricel Maria Labbé Céspedes goplaceit.com, Santiago, Chile.
  • Roberto Salas Cortez goplaceit.com, Santiago, Chile.
No. 60 (2020)
https://doi.org/10.5354/0719-5370.2020.57393
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Abstract

In the year 2018 a Chilean local government proposal to locate a social housing project in the wealthiest commune of Santiago caused a resident social unrest who argumented may also occur a depreciation of their houses. This article explores the effects in the property market of the location of a social housing in the commune of Santiago. The methodology used is quantitative and analyze property supply and demand data in time series. The information analyzed comes from property listings published by real estate websites. The main research findings do not show a minor tenant or buyer interest in the neighborhood attributable to the location of social housing. Regarding to the supply data the prices of the properties continue raising despite the new houses. The main conclusion of the research shows a symbolic and social effects that do not have an economic implication.

Keywords:

Condominium of social interest , prices , residential demand , social mixture , supply.
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How to Cite
Labbé Céspedes, G. M., & Salas Cortez, R. (2020). My house would be depreciated: effects analysis of social housing location in the barrio Matta Sur, Santiago de Chile. Investigaciones Geográficas, (60), 67–82. https://doi.org/10.5354/0719-5370.2020.57393
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