Analysis of two alternative housing policies: rental and collective housing 2013, para. 11
Párrafo
Paragraph text
The discrepancy between income levels and soaring housing and rental prices coupled with increasing unemployment have led to more payment default, foreclosures and homelessness. These processes are exacerbated by the adoption of legal and institutional adjustments aimed at facilitating foreclosures, which have been promoted in recent years as "imperatives for developing a housing finance system". The crisis has disproportionately affected the poorest and most vulnerable, who were the last to join the mortgage markets and the first to suffer the consequences of the crises owing to their low resilience to economic shocks and low repayment abilities.
Condicón jurídica
Non-negotiated soft law
Organismo
Special Rapporteur on adequate housing as a component of the right to an adequate standard of living
Tipo de documento
Special Procedures' report
Medio de adopción
N.A.
Temas
Governance & Rule of Law
Poverty
Personas afectadas
N.A.
Año
2013
Tipo de párrafo
Other
Reference
SR Housing, Report to the UNGA (2013), A/68/289, para. 11.