Informal Settlement Essay

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2.0 INRODUCTION
Having set the aims, objectives and research questions in the first chapter, this chapter zooms in to review literature available on the subject of land tenure regularization and its effect on housing investment from different parts of the world with specific reference to cities. The emphasis of this chapter is to analyse the link between land tenure regularization and housing investment in informal settlements. Also, the focus is on securing land rights in informal settlements, since it is widely believed that regularization of informal settlement rights leads to (increased) access to formal finance which subsequently encourages housing investment (Chome and McCall, 2005). The chapter starts with contextual definition of key terms, and then followed by global documentation on the impact of tenure regularization in informal settlement, focusing on the experiences of some selected countries. Since the aim of the research is to investigate the effect of land tenure regularization on informal housing investment and that both the Zambian Local Authorities and the government have intention to regularize informal settlements, lessons learnt from the case study countries will be noted, after which the chapter will be concluded in section 2.6 by way of a summary.
2.1 CONTEXTUAL DEFINITIONS
2.1.1 INFORMAL SETTLEMENT
Many synonyms have been used in literature to refer to informal settlements. These include spontaneous, irregular, unplanned, marginal and squatter settlements. Some literatures have used the terms slums and informal settlements interchangeably (UNHSP, 2003). While a clear definition for informal settlements is still difficult to find (ibid), some organisations have given descriptions of informal settlements....

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... revision of tax rates and many more.
In order to secure land tenure for the urban informal settlers, different countries have introduced licenses or Certificates in different names. However they all have the same objectives. For instance, in Zambia residents are issued with a 30-year Occupancy Licences while the area undergoes through the process of upgrading. These can be later replaced by certificates of title, which carry the same effect as if the landowner were obtaining a direct lease of the land from the state (UN-Habitat, 2012). In Botswana, Certificate of Use is issued to informal dwellers so as to encourage them on further housing investment (Durand-Lasserve, 2006). In Brazil, Concession of the Real Right to Use is issued to residents. The validity period of these licences varies between 30 and 50 year periods but subject to renew (Van der Molen, 2002).

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