About the author
Deborah Potts is an Emeritus Reader in Human Geography at King’s College London. She has written and researched extensively on issues around urbanization, migration, livelihoods and housing, with a particular focus on urban Africa. Her previous books include African Urban Economies: Viability, Vitality or Vitiation? (2006) and Circular Migration in Zimbabwe and Contemporary Sub-Saharan Africa (2010).
Broken Cities
Inside the Global Housing Crisis
Deborah Potts
Broken Cities: Inside the Global Housing Crisis was first published in 2020 by Zed Books Ltd, The Foundry, 17 Oval Way, London SE11 5RR, UK.
Copyright © Deborah Potts 2020
The right of Deborah Potts to be identified as the author of this work has been asserted by her in accordance with the Copyright, Designs and Patents Act 1988.
Typeset in Akzidenz Grotesk and Haarlemmer by Swales & Willis Ltd, Exeter, Devon
Cover design by Kika Sroka-Miller
Cover photo © David Rose; Panos Pictures
Printed and bound by CPI Group (UK) Ltd, Croydon, CR0 4YY
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying or otherwise, without the prior permission of Zed Books Ltd.
A catalogue record for this book is available from the British Library
ISBN 978-1-78699-055-6 hb
ISBN 978-1-78699-054-9 pb
ISBN 978-1-78699-056-3 pdf
ISBN 978-1-78699-057-0 epub
ISBN 978-1-78699-058-7 mobi
Contents
List of figures, tables and boxes
1 The dilemma of affordable housing and big cities
Housing processes across time and space: recognising the links
2 Mismatches between incomes and housing costs: a global condition
Urban incomes and hard limits on housing expenditure
3 Affordable urban housing and the role of basic standards
Housing standards: the necessity of a double-edged sword
Informal housing and building standards
What standards are appropriate?
4 Private-sector urban housing provision: formal and informal
Formal-sector, large-scale, for-profit housing
Variations in owning versus renting in the private sector
Informal-market ‘affordable’ housing
5 Squaring the circle: social housing programmes and affordable rents
Matching the gap between low incomes and market rents
6 Squaring the circle: affordable urban homeownership
‘Recognising’ informal and unplanned settlements: ‘quiet encroachment’ and homeownership
Sidestepping informality: the site-and-service approach to homeownership
Transferring public housing to homeowners
7 Global finance, big cities and unaffordable housing
Commercialising the priorities of public housing authorities
Middle-income poaching, downward raiding, regeneration and gentrification
The subprime mortgage crisis and the 2008 financial crash: catastrophic feedback loops
8 Broken cities: unaffordable housing as the norm?
Policy responses: handouts for the middle classes and attacks on housing subsidies for the poorest
Squaring the circle by squeezing the space
9 Broken cities, broken households: the demographic impacts of unaffordable housing