Profitable urbanization and housing question in Brazil: from the financialization to the (re) production of large scale housing projects, nearest and oldest patterns

Abstract

Housing question remain as a central theme to the population, State, investors, companies, because it is a part of the most basic human needs for reproducing their lives, and as a way to amplify capital gains to those who are investors in production and financial system. Whether in the form of monetary subsidies provided by State, legal apparatus, bank financing, as the accomplishment of consortium urban operations (OUC), in the case of Brazil, or in large-scale production of housing, such as big housing projects for low income families. In this way, this paper discusses how social housing has been involved in the process of capitalist urbanization in financialization times and its socio-spatial consequences on the local scale.