Right to dwell. How much do you cost me? Land policy and access to housing in contexts of real estate inflation

Abstract

This study explores the critical issue of how land policy has reconfigured historic centers in the housing market, particularly in the context of island territories.

The aim is to understand whether existing legislation is adapted to the insular context, where the sustainable use of natural resources, the specific conditions of each insular territory, and the implementation of land policies realize the social function of property, based on participatory territorial planning processes that adjust to the physical, socioeconomic, and institutional specificities of each region.

The housing supply, the impact of changes introduced in land law on the housing market, the regulation of the real estate market concerning the management of historic centers, and the effect of external demand on housing prices constitute another point of analysis.

Finally, the impact of short-term rentals on the real estate market and the different policy approaches offering potential strategies to respond to housing needs.