FINANCIAL SPECULATION LED TO UNSUSTAINABLE GLOBAL HOUSING CRISIS, UN EXPERT SAYS

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High rises and hotel buildings in Punta Pacifica, Panama City, Panama. Photo: Gerardo Pesantez/World Bank

 

FINANCIAL SPECULATION LED TO UNSUSTAINABLE GLOBAL HOUSING CRISIS, UN EXPERT SAYS

The world’s money markets have priced people out of cities, a United Nations independent expert has said, blaming financial markets and speculators for treating housing as a “place to park capital.” Read more

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Robert Williams

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