Political parties claim to be able to address the housing crisis, but do they have the authority to do so? Real estate developers are buying up an increasing number of residential properties and also provide economic policy advice to the government. A Lawyer Leilani Farha raises the alarm.
A HOME IS NOT A COMMODITY; IT IS A HUMAN RIGHT.
Farha claims that “she hasn’t developed a thick skin in the face of all the harrowing news.” “Every homeless family I’ve met has said the same thing: not having a place to live isn’t enough. You are no longer considered as an individual. It is tragic that homelessness leaves you invisible to society. In 2014, when many illegal people were sleeping on the streets, several countries held them to account. A few weeks back, sleeping arrangements were made. It is becoming more difficult to find affordable accommodation, however you believe the housing shortage is even worse.
A PENSION FUND IN VANCOUVER CAN EASILY BECOME CO-OWNER OF YOUR RENTAL HOME IN AMSTERDAM
Housing has largely been left to the market since the advent of neoliberalism, without too many controls, David Frum claims. Frum: Blackstone, Goldman Sachs and Blackrock are big, mega-investors that have properties worldwide. He claims that others lift their rent through legal cracks, causing massive debt or expulsion. According to Frum “Every tenant can really figure out which house it occupies,” .
THE REAL ESTATE MARKET HAS THE POLITICAL POWER
Meanwhile, the availability of affordable housing is dwindling: the pressure on housing companies has grown in the last ten years, and a hundred thousand social rented units have vanished since 2013. Farha describes it as a global phenomenon: “It’s part of the capitalist pattern.”
RICH PEOPLE OWN’S THEIR PASSPORTS, WHILE MIGRANTS RISK THEIR LIFE JUST TO HAVE ONE
Some countries have been collaborating with the British firm La Vida’s Golden Visa scheme in order to become more appealing to buyers. Rents in Portugal have risen as a result of the country’s most successful Golden Visa system. According to Farha, it is sheer inequality: refugees risk their lives for a Western visa, while millionaires merely buy it.
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A HOME IS ESSENTIAL FOR A HEALTHY AND SAFE LIFE. IT IS UP TO GOVERNMENTS TO PROTECT THAT
“Canada and Portugal, for example, have passed laws that make housing recognized as a human right under national law,”. In Canada, an independent advisory body on housing policy is being set up, and a kind of ombudsman for individual complaints.
It really starts with a collective recognition of housing as a human right. Let us has put our noses on the fact that a home is essential for a healthy and safe life.