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Power, Profits & Plans: The Political Economy Of Housing In Pakistan

Editor

Listed:
  • Nasir Javed
  • Muhammad Shafaat Nawaz

Abstract

The Housing sector in Pakistan is a private sector market. The housing market comprises of different stakeholders like the citizens who are buying, selling, or renting the houses, the real estate investors who buy and sell properties solely for investment purposes, the contractors, the renovators, and the real estate brokers who act as facilitators in the process of buying or selling a property, and housing sector developers who provide the supply of housing. Not forgetting the role of the state, which is supposed to ‘regulate’ this market, through a set of policies, laws, rules, regulations, taxes, incentives, and facilitations etc. It is this regulatory role that is meant to shape the private housing market. In addition to this role, various governments also functioned as developers as they provided housing under various programs and institutional arrangements, either on commercial terms (mostly done by city development authorities) or subsidized housing for poor. Unfortunately, most of such government initiatives have had negligible impact on the overall market.

Suggested Citation

  • Nasir Javed & Muhammad Shafaat Nawaz (ed.), 2023. "Power, Profits & Plans: The Political Economy Of Housing In Pakistan," PIDE Books, Pakistan Institute of Development Economics, number 2023:01, October.
    • Handle: RePEc:pid:pbooks:2023:01
    as

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    References listed on IDEAS

    as
    1. Sonia Roitman & Nicholas Phelps, 2011. "Do Gates Negate the City? Gated Communities’ Contribution to the Urbanisation of Suburbia in Pilar, Argentina," Urban Studies, Urban Studies Journal Limited, vol. 48(16), pages 3487-3509, December.
    Full references (including those not matched with items on IDEAS)

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