On The Politics of Space and Informal Work
This chapter discusses the retail practice in the shopping industry of Colombia. Due to the lack of credit and financing, many Colombian retailers entered the business of shopping malls by helping to build them and by investing in the purchase of space. This practice was fed by long-standing attitudes and ingrained cultural practices that tied ownership of land to security, and ownership of a home or a locale to the most secure investments, over and above banks. This practice led to the concentration of different shopping malls in one area, making it common to see the same stores in different malls in close proximity to each other, or even similar stores with two locations in the same shopping mall.
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