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Showing posts from July, 2013
AFFORDABLE HOUSING: WHOSE TERRITORY?
The urbanity has given new definition to  triad relationship of food, shelter & habitat and has become far more complex process. The recent private/public band wagon of affordable housing agencies are yet another attempt to generate land ownership pattern. The attempt is to prove the affordability by numbers that are acceptable by scheme definition and develop its own market strategy to promote. Hence the affordable housing is a marketing strategy for unforeseen pattern of capital building. 
The recent launch of several schemes and its promotion suddenly raises the question on why developers are turning into philanthropic utopias?.The share market has seen phase of slump and as a ploy it is energize the market, the investors are lure to invest in defensive market and subsequently the market manage to gain some capital mobility. Its similar attempt in the real estate where mobility is constrained the affordable becomes buzzword to create capital m…