Why are so many buildings in Peru half-built?

Question

I’ve noticed that in every city we’ve been to—Cusco, Lima, Paracas—there are many buildings that have been partially constructed. Often, the bottom floor is complete (but perhaps vacant) and the top floor(s) still have exposed rebar and are roofless. This trend appears to be for both residential and commercial structures.

In: 157

Answer 1

Can’t remember which Asia country I visited, but property value was based on the outside appearance of the home only.
Needless to say, homes look like dumps on the outside but beautiful mansions on the inside.