CLThe article discusses a recent modification to the OGUC (Ordenamiento General de Urbanismo y Construcción) in Chile, which aims to reduce the cost of new housing by up to 15%. The reform was submitted to the Controller’s Office with promises of lower prices, but some proposed changes were rejected. These included extending the validity period of building permits from three to six years and suspending their calculation while other state agencies process applications. The rejection was based on concerns about land speculation. The author argues that the reform fails to address the issue of time, which affects financial costs and project execution, while the only effective measure is a conditional incentive linking municipal compensation to reduced processing times.
Bias read (Center): The article presents a balanced critique of the reform without overtly favoring any political side. It analyzes both the intended benefits and the shortcomings of the policy, highlighting the trade-offs between land value capture and administrative efficiency. While there is a clear economic and政策分析
