Making Room for Renters : Understanding and Supporting Rental Markets in the Global South — Evidence from Dar es Salaam, Tanzania
Many people in the global south access housing through informal rental markets, but remarkably little is known about how these markets work or the quality of the accommodations on offer. This paper draws on a unique new data set to analyze the info...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2021
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/235901615576569696/Making-Room-for-Renters-Understanding-and-Supporting-Rental-Markets-in-the-Global-South-Evidence-from-Dar-es-Salaam-Tanzania http://hdl.handle.net/10986/35287 |
| Summary: | Many people in the global south access
housing through informal rental markets, but remarkably
little is known about how these markets work or the quality
of the accommodations on offer. This paper draws on a unique
new data set to analyze the informal rental market in a case
study city: Dar es Salaam, Tanzania. The picture that
emerges is one of a large, anonymous market in which there
are clear price premiums for accommodation and neighborhood
quality. At the same time, however, demand for quality
housing outstrips supply, confining even upper-income
households to slum conditions. The findings shed light on
market dynamics that shape access to adequate housing in Dar
es Salaam and other cities across the world. The paper
closes by drawing on these insights to make recommendations
to improve existing urban development policies such as slum
upgrading, as well as to develop new approaches to rental
housing that can materially improve living conditions in the
rapidly expanding cities of the Global South. |
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