Earlier quoted context omitted.
I've seen and heard of this in Mexico and Latin America as well. A lot of US housing styles, such as saltbox and narrow townhouses, are also attempts to game older versions of the tax code
Yeah, it was common when I visited Peru 20 years ago. The tax code wasn't only reason for unfinished buildings. In poorer communities, which couldn't get access to loans, it was common to just buy supplies and do construction bit by bit as funds and time were available. Homes might start off with as little as bamboo poles in corners and PVC sheets tied between them. I swear I saw some that didn't even have roofs. Whe…
Not a lot of people out of our close to 8 billion can afford such a huge expense in one go.