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Paper houses: the new housing question
italy, urban policies, italia, politiche urbane,
social housing, edilizia sociale, settore immobiliare,
property market, education & research
Giovanni Caudo
Houses become 'paper houses': they were issued as securities on the financial market to produce profitability and to support the banking system and company restructuring. The costs of this restructuring process weigh not only on families renting their houses, but also on those who are buying, since they burden themselves with high mortgage repayments. Property companies are making unprecedented profits and increasing their turnover from year to year. The housing question therefore has features that are quite different from those experienced in the past, and the solutions also need to be different.
This article appears in issue 134 of Urbanistica (pag. 97).




Planum
The Journal of Urbanism
ISSN 1723-0993
owned by
Istituto Nazionale di Urbanistica
published by
Planum Association
ISSN 1723-0993 | Registered at Court of Rome 4/12/2001, num. 514/2001
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