Analysing the willingness of real estate developers to densify and increase social inclusion: using stated choice data in a recursive fashion

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dc.catalogadorvzp
dc.contributor.authorWaintrub Santibáñez, Natan
dc.contributor.authorGreene, Margarita
dc.contributor.authorOrtuzar Salas, Juan De Dios
dc.contributor.authorRizzi Campanella, Luis Ignacio
dc.date.accessioned2025-12-31T15:52:08Z
dc.date.available2025-12-31T15:52:08Z
dc.date.issued2025
dc.description.abstractReal estate developers' decision processes are intricate, involving many diverse variables. Understanding developers' decisions is crucial in Latin America, where a growing demand for social housing on better-located land exists. We test the effectiveness of different incentives to encourage developers to build highdensity and socially integrated projects near transport stations using a sophisticated stated choice survey designed to elicit developers' preferences. As the survey flow depended on the developers' answers, we formulated and estimated a discrete choice model to address inherent endogeneity issues. Our results reveal developers' preference for direct payment incentives and incentives that grant them more freedom to design projects. Further, we sadly confirm that social inclusion is a disincentive, reflecting a traditional Latin American aversion to mixed-income dwelling projects, suggesting a preference for segregated housing markets. Public policies planning to employ incentives must evaluate the monetary cost of such schemes and their consequences on local neighbourhoods.
dc.description.funderANID PIA/PUENTE; Folio de beca: AFB230002
dc.description.funderFONDECYT; Folio de beca: 1141096
dc.description.funderANID/Fondap; Folio de beca: 1523A0004
dc.format.extent27 páginas
dc.fuente.origenORCID
dc.identifier.doi10.1080/13563475.2025.2599765
dc.identifier.eissn1469-9265
dc.identifier.issn1356-3475
dc.identifier.urihttps://doi.org/10.1080/13563475.2025.2599765
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/107518
dc.information.autorucFacultad de Educación; Solis Zanartu, Maria Cristina; 0000-0001-9105-0502; 50574
dc.information.autorucEscuela de Ingeniería; Waintrub Santibáñez, Natan; 0000-0002-5229-902X; 177560
dc.information.autorucEscuela de Arquitectura; Greene Zúñiga, Margarita; 0000-0001-9105-0502; 50939
dc.information.autorucEscuela de Ingeniería; Ortuzar Salas, Juan De Dios; 0000-0003-3452-3574; 99241
dc.information.autorucEscuela de Ingeniería; Rizzi Campanella, Luis Ignacio; 0009-0000-8230-6035; 95
dc.language.isoen
dc.nota.accesocontenido parcial
dc.revistaINTERNATIONAL PLANNING STUDIES
dc.rightsacceso restringido
dc.subjectReal estate developers
dc.subjectSocial inclusion
dc.subjectGovernment incentives
dc.subjectEndogeneity
dc.subjectDiscrete choice models
dc.subject.ddc300
dc.subject.ods10 Reduced inequalities
dc.subject.ods11 Sustainable cities and communities
dc.subject.odspa10 Reducción de las desigualdades
dc.subject.odspa11 Ciudades y comunidades sostenibles
dc.titleAnalysing the willingness of real estate developers to densify and increase social inclusion: using stated choice data in a recursive fashion
dc.typeartículo
sipa.codpersvinculados50574
sipa.codpersvinculados177560
sipa.codpersvinculados50939
sipa.codpersvinculados99241
sipa.codpersvinculados95
sipa.trazabilidadORCID;2025-12-22
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