Selected References for the Study of Developing and Emerging Housing Markets
Banerjee, S. G. and E. Morella (2011). Africa's Water and Sanitation Infrastructure: Access, Affordability, and Alternatives, World Bank.
Bertaud, A. and S. Malpezzi (2001). "Measuring the Costs and Benefits of Urban Land Use Regulation: A Simple Model with an Application to Malaysia." Journal of Housing Economics 10(3): 393-418. A review of the Bertaud Model of land use, part of the Malaysia incentives analysis (see Hannah et al. for the overview).
Friedman, J., E. Jimenez, S.K. Mayo. (1988). "The demand for tenure security in developing countries." Journal of Development Economics 29(2): 185-198. Title is self explanatory.
Hannah, L., A. Bertaud, S. Malpezzi and S. Mayo (1989). Malaysia: The Housing Sector; Getting the Incentives Right. World Bank Sector Report 7292. Original housing “incentives analysis.” How to add up the costs and benefits of taxes, subsidies, regulations, and study effects on supply.
Malpezzi, S. (2000). Housing. In Designing household survey questionnaires for developing countries: Lessons from fifteen years of the Living Standards Measurement Study. Volume 1. M. Grosh and P. Glewwe. Washington, D.C., World Bank: 293-314. Part 1 reviews the design and use of household surveys for housing market analysis; Part 2 provides sample questionnaires. The entire 2-volume publication is an excellent reference for those designing household surveys for a wide array of topics.
Malpezzi, S. (2008). Perspectives on Real Estate and Urban Economics, With Some Implications for World Bank Operations, Graaskamp Center for Real Estate (PowerPoint Presentation).
Malpezzi, S. (2012). Global Perspectives on Housing Markets and Policy. In Rethinking Cities: A Roadmap Towards Better Urbanization for Development. L. Glaeser Edward and A. Joshi-Ghani.
Malpezzi, S., S. Mayo, R. Silveira and C. Quintos. (1988). Measuring the costs and benefits of rent control: case study design. World Bank, INU Discussion Paper 24. Ranges well beyond rent control; contains many “tricks of the trade” for empirical analysis of housing markets.
Malpezzi, S. and S. K. Mayo (with D. Gross) (1985). Housing Demand in Developing Countries. Washington, D.C., World Bank, Staff Working Paper 733. Long version of the housing demand study with greatest level of detail on data sources etc.
Malpezzi, S., A. G. Tipple, K. Willis. (1990). Cost and Benefits of Rent Control: A Case Study in Kumasi, Ghana, World Bank Discussion Paper No. WDP-74. Focus is on rent control, but also a good example of how to collect and analyze household level data for a sub-Saharan African housing market.
Mayo, S. K. (1994). Housing Policy Reform in South Africa: International Perspectives and Domestic Imperatives, World Bank, Urban Development Division (Processed).
Mayo, S. K., J. L. Katz, et al. (1982). Informal Housing in Egypt. Cambridge, MA, Abt Associates, for the U.S. Agency for International Development. Probably still the best single empirical analysis of a developing country housing market undertaken to this day. Includes both analysis of household survey data, and a guide to how to undertake qualitative surveys of supply side agents. Part 1 | Part 2 | Part 3 | Part 4
World Bank (1993). Housing: Enabling Markets to Work. Washington D.C., World Bank. Principal authors Stephen K. Mayo and Shlomo Angel. The best overall discussion of developing country housing policy and its connection to the evidence.