April 19, 2017

Abstract, Failed Markets The Crisis in the Private Production of Social Housing in Mexico

:::::: Abstract ::::::



Failed Markets
The Crisis in the Private Production of Social Housing in Mexico
by Alfonso Valenzuela Aguilera


A confluence between the state, the housing market, and the rationale of financial capital has led to excessive growth of social housing in Mexico in the past two decades. This growth has been one way of channeling excess capital into global financial markets rather than the result of a public policy to address the housing needs of the low-income population.





Durante las últimas dos décadas la confluencia entre el estado, el mercado de la vivienda y la lógica del capital financiero ha llevado a un crecimiento excesivo de la vivienda social en México. Este crecimiento ha sido una manera de canalizar el excedente de capital hacia los mercados financieros internacionales en vez del resultado de una política pública para resolver las necesidades de vivienda de la población de bajos ingresos.

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