Financialization of housing and the right to adequate housing 2017, para. 53
Párrafo- Paragraph text
- There are currently almost 2,500 bilateral investment treaties in force and almost 300 treaties with investment provisions. Provisions in investment treaties generally provide protection for investors from actions by States without imposing obligations on them to uphold human rights. Investors are guaranteed fair and equitable treatment, protection from direct or indirect expropriation and other protections and have access to an investor-State dispute settlement procedure to seek damages for breaches of those provisions. The effect of those protections is that investment in housing and real estate for the purposes of speculation and the accumulation of wealth becomes a protected "right", while government measures to regulate investment to protect the right to housing may be the basis for claims against States by private investors for massive damage awards.
- 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
- Personas afectadas
- N.A.
- Año
- 2017
- Tipo de párrafo
- Other
- Reference
- SR Housing, Report to the HRC (2017), A/HRC/34/51, para. 53.
- Paragraph number
- 53
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Fecha de adición
83 conexiones, 83 Entidades