The right to adequate housing is regarded as a fundamental requisite for a decent life across OECD nations. Yet the functioning of the real estate and financial sectors make it difficult – when not impossible – for a portion of the population to access affordable housing. A wide array of governance models and policy instruments have been devised and implemented for decades in an effort to prevent unwanted residential mobility and precariousness. In Spain, housing price and house ownership issues have become central elements of the EU-wide economic crisis since 2008, with large cities like Madrid and Barcelona turning into spaces of struggle and resistance to forced evictions following households’ default on mortgages. Against this background, the session will unpack key issues surrounding the affordability of adequate housing in a variety of contexts and locations, and will assess policy responses with a special focus on innovative financing and home ownership approaches.
Image source: Jo Ca Pe, flickr, licensed under a Creative Commons Attribution 2.0 Generic License.