The impact of housing finance policies on the right to adequate housing of those living in poverty 2012, para. 41
Paragraph- Paragraph text
- Problems also soon emerged with regard to the location of these programmes. In Chile, planning regulations were loosened and city limits expanded under the premise that a freely operating land market would automatically contribute to providing access to adequate housing through housing markets. Unlike in the case of housing markets for higher-income families, in which suppliers have to be sensitive to demand requirements and therefore to the trilogy of product-price-location as they operate in a competitive context, operators that supply social housing have a captive demand, particularly when it is fully subsidized. In a context of housing deficit, beneficiaries of housing subsidies will simply "buy" what is available at the moment. Suppliers of social housing can therefore be not very sensitive to, or simply ignore, demand preferences, as there is no competition.
- 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)
- Economic Rights
- Governance & Rule of Law
- Social & Cultural Rights
- Person(s) affected
- Families
- Year
- 2012
- Paragraph type
- Other
- Reference
- SR Housing, Report to the UNGA (2012), A/67/286, para. 41.
- Paragraph number
- 41
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