Editorial: The ‘financialization’ of housing puts profit over people
The financialization of housing, according to the United Nations’ Human Rights Commission, “occurs when housing is treated as a commodity—a vehicle for wealth and investment—rather than a social good.” Admittedly, the subject sounds as dry as month-old toast, but it is critical to understanding why, in a society as wealthy as ours, so many people cannot afford an appropriate place to call home.