Analysis of two alternative housing policies: rental and collective housing 2013, para. 8
Paragraph
Paragraph text
In recent years market-based housing finance has rapidly spread throughout the world, mainly targeting the more affluent segments of society that have had the initial capital to take a mortgage, profiting lenders through the payment of interest. Traditionally, mortgage finance has been considered unattainable for the poor owing to issues such as lack of land titles, low and erratic income and employment in the informal sector.
Legal status
Non-negotiated soft law
Body
Special Rapporteur on adequate housing as a component of the right to an adequate standard of living
Document type
Special Procedures' report
Means of adoption
N.A.
Topic(s)
Poverty
Social & Cultural Rights
Person(s) affected
N.A.
Year
2013
Paragraph type
Other
Reference
SR Housing, Report to the UNGA (2013), A/68/289, para. 8.