GEOG 122 Lecture 8: geog122 l8
Document Summary
Things people buy and sell on the street and the places where they live. Housing types- slums, shacks, squatter settlements, favelas, refugee camps. Often used to describe housing in the developing world. 54% of world population lives in cities or urban areas urban expansion will occur in global south. Urban formality is not always illegal, poverty, disordered. It"s a challenge of legal protection and security of tenure not to be confused with ownership or property just guaranteed to use it. Without security of tenure face eviction and relocation and compensation. Explosion of population will give rise to poverty in global south. Slums and squatter settlements are warehouses for surplus humanity. Hernando de soto: poor remain poor, they land they acquire is a dead capital. Can activate dead capital, by making assets legal. Not a redistribution of land or individual property rights. The group represents a fortunate to the bottom of pyramids. The poor simply needs access to the markets.
