Blog » Republic of Ecuador Land and Housing Market: Increasing the Production of Affordable Housing in Quito
The paper offers a range of policy recommendations for consideration. While these are elaborated in the text, they include the following:
The paper is organized into 9 sections, outlined in the table of contents. Sections 1 to 4 provide extensive descriptive data trends on population, population density, housing and housing density in the metropolitan area. These sections provide clear substantiation of Quito’s land constraints and the tendency for development in the relatively level valley to be characterized by high rise development. Sections 5 and 6 examined housing and household trends in the metropolitan area and offer an assessment of housing affordability in the metropolitan area. These sections draw on extensive interviews with developers and real estate brokers and use INEC 2010 income distribution data to gauge housing affordability. These sections also draw on cadastral data on housing and land valuation. The results of the sections illustrate Quito’s housing affordability challenges.