RELATIONSHIP BETWEEN BRAZILIAN URBANIZATION AND PROPERTY RIGHT

Abstract

The article analyzes the impacts caused by the process of national urbanization related to housing, based on Douglass North studies of the New Institutional Economics (NEI). The methodology is characterized by an exploratory study based on a literature review regarding the Brazilian urbanization process and the approach on property rights from the perspective of institutionalist economics theory. The theoretical and empirical results accumulated by the NEI provide an important tool for a better understanding of the various interfaces between the economic system and the legal and juridical institutions that condition the economic activities and transactions related to housing. The ideas of North were adequate in the discussion of the subject, since if the property rights are better defined, assigned and guaranteed in these communities, the lower the transaction costs and, consequently, the greater the value of the asset and of the owner's income.