Special Rapporteur on Housing says credit is not working

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Raquel Rolnik, UN Special Rapporteur on adequate housing

In light of the alarming rise in foreclosures and homelessness around the world, Raquel Rolnik, the UN Special Rapporteur on Adequate Housing, has spent the last four years investigating trends.

She has found that a one-size-fits-all solution of using credit for housing ownership has emerged.

On the occasion of World Habitat Day, October 1st, the Special Rapporteur explains to Gerry Adams why what she calls the "financialization" of housing production will not work.

Duration: 4’37″

Filed under Today's Features.
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May 2013
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