Who wins from a slum? Part 1, the actors
Why are slums so hard to eradicate?
Partly because we fight back!
As I’ve previously written, slums are economically rational, they are a wealth-extraction machine, and they are places where private investment (usually in housing) has outpaced municipal infrastructure. They cannot be bulldozed out of existence, much though some try. That they are durable proves that […]
