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UN calls for adequate housing

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United Nations (UN) special rapporteur on adequate housing Leilani Farha revealed that for the past 10 years, governments in the world are experiencing collective amnesia towards one of the biggest factors behind the 2008 global financial crash — the housing crisis.

In a statement released during the G-20 meeting in Buenos Aires in Argentina where leaders of the world’s leading industrialized countries gathered, Farha said the housing crisis in the world is not being addressed properly and is only getting worse.

The report noted that half of the fund was allocated to housing programs and ancillary basic utilities.

She added that even in highly-industrialized countries, millions of people are struggling to find and maintain an adequate and affordable place to live and one-quarter of the world’s urban population is living in “informal settlements.”

“Against this backdrop, the world economy can hardly be considered stable, and that this instability is being caused by a new global order which treats housing as a commodity and a financial instrument to park, grow and leverage capital,” Farha noted.

The special rapporteur also called for the G-20 to ensure that “financial actors and their governments are prevented from selling-off human right to housing to the highest bidder” and noted that it was key to ensure access for all to adequate, safe and affordable housing — one of the targets of Sustainable Development Goal (SDG) 11, which covers sustainable cities and communities.

Along these lines, the Duterte administration is intensifying its efforts to give Filipinos adequate housing, especially those who were ravaged by super typhoon Yolanda in Tacloban in November of 2013 — which is the aim of the UN-SDG.

With the Daily Tribune as one of its media partners, SDG targets sustainable and resilient technological advancement in developing countries through enhanced financial, technological and infrastructure support.

According to a report in November this year, the Philippine government gave a total of P146.156 billion as of 31 December 2018 to implementing government agencies, government-owned-and-controlled corporations and local government units for housing purposes.

The report noted that half of the fund was allocated to housing programs and ancillary basic utilities.

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