Brueckner, Jan K.; Selod, Harris - In: American Economic Journal: Economic Policy 1 (2009) 1, pp. 28-51
This paper offers a new theoretical approach to urban squatting, reflecting the view that squatters and formal residents compete for land within a city. The key implication is that squatters "squeeze" the formal market, raising the price paid by formal residents. The squatter organizer ensures...
