Artigo Acesso aberto Revisado por pares

Congolese Land Rights Put to the Test by the Private Real Estate Investment Revolution

2023; Scientific Research Publishing; Volume: 11; Issue: 09 Linguagem: Inglês

10.4236/jss.2023.119002

ISSN

2327-5960

Autores

Christian Mwenyemali Milenge,

Tópico(s)

Housing Market and Economics

Resumo

Private investors’ land rights vary from country to country, depending on the legal system in place. The degree of openness of land laws determines the degree to which both domestic and foreign investors are attracted, as the latter aims to invest in countries with legal systems offering the most secure and sustainable interests. How can Congolese land laws be made more attractive to private investors in the real estate sector? Using exegetical and comparative methods, we will test our hypothesis that reform to increase the rights of private national and foreign investors to access land would be an asset. By comparing Congolese land law with other legal systems, and with current social and economic realities, we have concluded that accommodating land rights is a prerequisite for increasing both domestic and foreign private investment in real estate and an essential step towards boosting and modernizing real estate investment in the DRC.

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