Why Low Cost House Design Won't Fix Slums

Kenya: Why Low Cost House Design Won't Fix Slums - Sometime last year, Vijay Govindarajan, a professor of international business at the Tuck School of Business at Dartmouth, and Christian Sarkar, a marketing consultant, blogged on what a USD300 house could look like. The post had been triggered by an observation of David A. Smith, the founder of the Affordable Housing Institute (AHI), who argued that "markets alone will never satisfactorily house a nation's poorest citizens...whether people buy or rent, housing is typically affordable to only half of the population." This market failure then results in the spread of slums and shantytowns where people often live in difficult circumstances: a Kibera shack with an open sewer running through the kids' bedroom, as featured Comic Relief's Slum Survivor fundraising documentary, is just one example. [AA Urbanisation]