Why are so many buildings in Peru half-built?

776 views

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

19 Answers

Anonymous 0 Comments

Not exactly sure about Peru but I know in some countries like Spain there are odd laws about land tax. Basically you only have to pay land taxes to the government once you have completed a house so you put a plan in for a 3 story house, build 2 floors and the rebar for the 3rd floor then stop. Technically you have not completed the build on your house so therefore don’t need to pay the tax until you do. Very sneaky but brilliant.

You are viewing 1 out of 19 answers, click here to view all answers.