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Yeah, it was common when I visited Peru 20 years ago. The tax code wasn't only reason for unfinished buildings. In poorer communities, which couldn't get acces
by phire 6y ago
Yeah, it was common when I visited Peru 20 years ago.
The tax code wasn't only reason for unfinished buildings. In poorer communities, which couldn't get access to loans, it was common to just buy supplies and do construction bit by bit as funds and time were available.
Homes might start off with as little as bamboo poles in corners and PVC sheets tied between them. I swear I saw some that didn't even have roofs. When they had enough funds, they would buy some bricks and just stack them as walls, throw some roofing iron on top or even PVC sheet as a roof
When they had enough bricks, they would buy cement and construct a solid brick wall. Then maybe some concrete for the floor.
Even in middle-class neighbourhoods, it was still common to construct floor-by-floor.
- oblio 6y agoThis is common across the developing world. Not a lot of people out of our close to 8 billion can afford such a huge expense in one go.
- Accujack 6y agoEven in the US this is the case. Government regulation has outlawed people building incrementally in most cases, so people who can't afford to buy a house generally have to rent forever. Building a house is usually more expensive than buying a similar house, due to building codes, permitting costs, and costs of utility build-out.
- yonaguska 6y agoUnless you build it yourself. If you find a house for sale built by the general contractor for themselves, it's probably very well built. In a lot of ways that wouldn't be obvious to the vast majority of people.
- sokoloff 6y agoI would imagine that purchasing the land is at least as much a hurdle in most places. I suspect the land my house sits on is worth some small multiple of what the structure is worth.