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Informal Real Estate in São Paulo’s peripheries: illegalisms under a rent-seeking logic

Abstract

The production of São Paulo's peripheral territories has changed due to the crisis in salaried employment, changes in socio-economic profile, access to credit, public housing policies, and the formation of a multi-scalar market arbitrated by illegal market operators. Entrepreneurial business networks, including real estate, have emerged as an investment opportunity for the money accumulated in these territories. New buildings in border areas with a rent-seeking use point to new power arrangements based on illegalisms that articulate scales in a market-based production, disputing the forms of political association of the previous period. The methodology is based on secondary sources and direct field research in São Paulo's slums, carried out by a multidiscipli nary team over the last five years.

informal real estate; rent-seeking; illegalisms; PCC; entrepreneurship

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