THE UNITED NATIONS HUMAN RIGHTS COUNCIL’S 2017 REPORT ON FINANCIALIZATION OF HOUSING
Financialization of housing has attracted plenitude of divergent reviews and discussions on the subject matter. The term financialization of housing has been associated with reduced housing affordability in recent debates. Irrespective of financialization of housing cementing a s...
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| Format: | Article |
| Language: | English |
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Universitas Nasional Jakarta
2022-08-01
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| Series: | Journal of Social Political Sciences |
| Subjects: | |
| Online Access: | http://e-journal.unas.ac.id/index.php/jsps/article/view/108 |
| _version_ | 1811180696929042432 |
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| author | Albert Mcbell Ninepence |
| author_facet | Albert Mcbell Ninepence |
| author_sort | Albert Mcbell Ninepence |
| collection | DOAJ |
| description | Financialization of housing has attracted plenitude of divergent reviews and discussions on the subject matter. The term financialization of housing has been associated with reduced housing affordability in recent debates. Irrespective of financialization of housing cementing a springboard to augment growth of the financial and housing markets, enhanced employments and deepened international trade and relations, it has also created its own setbacks. The financialization of housing has been reviewed to trigger excessive demerits of capital gains exceptions, rent seeking and disregard to upholding and defense of human rights tenets, provisions and conventions. In support of these demerits, the United Nations Human Rights Council’s 2017 report on the financialization of housing underscore financialization of housing creating an overall negative impact. The UN reports posits that the finacialization of housing is now a means to secure and accumulate wealth. Housing is now dehumanized and sold as a commodity on global markets and hence has lost its currency as a universal human right. The copious reviews and contention on the financialization of housing warrants further inquiry into the compendious scholarship. This paper therefore examined and argued in favour of the UN standpoints though making counter perspectives on the discourse of financialization of housing. |
| first_indexed | 2024-04-11T09:07:39Z |
| format | Article |
| id | doaj.art-d978db001a23498abbfcdddc6ca631c3 |
| institution | Directory Open Access Journal |
| issn | 2715-7539 |
| language | English |
| last_indexed | 2024-04-11T09:07:39Z |
| publishDate | 2022-08-01 |
| publisher | Universitas Nasional Jakarta |
| record_format | Article |
| series | Journal of Social Political Sciences |
| spelling | doaj.art-d978db001a23498abbfcdddc6ca631c32022-12-22T04:32:36ZengUniversitas Nasional JakartaJournal of Social Political Sciences2715-75392022-08-013322323410.52166/jsps.v3i3.108108THE UNITED NATIONS HUMAN RIGHTS COUNCIL’S 2017 REPORT ON FINANCIALIZATION OF HOUSINGAlbert Mcbell NinepenceFinancialization of housing has attracted plenitude of divergent reviews and discussions on the subject matter. The term financialization of housing has been associated with reduced housing affordability in recent debates. Irrespective of financialization of housing cementing a springboard to augment growth of the financial and housing markets, enhanced employments and deepened international trade and relations, it has also created its own setbacks. The financialization of housing has been reviewed to trigger excessive demerits of capital gains exceptions, rent seeking and disregard to upholding and defense of human rights tenets, provisions and conventions. In support of these demerits, the United Nations Human Rights Council’s 2017 report on the financialization of housing underscore financialization of housing creating an overall negative impact. The UN reports posits that the finacialization of housing is now a means to secure and accumulate wealth. Housing is now dehumanized and sold as a commodity on global markets and hence has lost its currency as a universal human right. The copious reviews and contention on the financialization of housing warrants further inquiry into the compendious scholarship. This paper therefore examined and argued in favour of the UN standpoints though making counter perspectives on the discourse of financialization of housing.http://e-journal.unas.ac.id/index.php/jsps/article/view/108financial marketshousing, real estateunited nationsstatesfinancial institutionsinternational aid |
| spellingShingle | Albert Mcbell Ninepence THE UNITED NATIONS HUMAN RIGHTS COUNCIL’S 2017 REPORT ON FINANCIALIZATION OF HOUSING Journal of Social Political Sciences financial markets housing, real estate united nations states financial institutions international aid |
| title | THE UNITED NATIONS HUMAN RIGHTS COUNCIL’S 2017 REPORT ON FINANCIALIZATION OF HOUSING |
| title_full | THE UNITED NATIONS HUMAN RIGHTS COUNCIL’S 2017 REPORT ON FINANCIALIZATION OF HOUSING |
| title_fullStr | THE UNITED NATIONS HUMAN RIGHTS COUNCIL’S 2017 REPORT ON FINANCIALIZATION OF HOUSING |
| title_full_unstemmed | THE UNITED NATIONS HUMAN RIGHTS COUNCIL’S 2017 REPORT ON FINANCIALIZATION OF HOUSING |
| title_short | THE UNITED NATIONS HUMAN RIGHTS COUNCIL’S 2017 REPORT ON FINANCIALIZATION OF HOUSING |
| title_sort | united nations human rights council s 2017 report on financialization of housing |
| topic | financial markets housing, real estate united nations states financial institutions international aid |
| url | http://e-journal.unas.ac.id/index.php/jsps/article/view/108 |
| work_keys_str_mv | AT albertmcbellninepence theunitednationshumanrightscouncils2017reportonfinancializationofhousing AT albertmcbellninepence unitednationshumanrightscouncils2017reportonfinancializationofhousing |