Neoliberalism
This British Prime Minister’s “Right to Buy” program is often seen as a defining moment for neoliberal housing policy.
Margaret Thatcher
This housing project in Lima, Peru, is seen as an early example of combining architectural imagination with social purpose, rejecting the “tower-in-the-park” typology.
PREVI (Proyecto Experimental de Vivienda)
What percentage of their income do some families spend on rent, leaving them vulnerable to eviction and homelessness?
Up to 80%?
What does MBS stand for?
Mortgage-backed Securities
In a system where housing is treated as a commodity, this group is often left behind due to unaffordable housing costs.
Low-income families
Neoliberalism treats housing as this, rather than as a basic human need.
Commodity
What term describes architects taking on expanded roles, not just in design, but in regulation reform, financing, and community engagement?
Public interest design (or social impact design)
The readings argue that improvements in housing for low-income people often come not from benevolence, but from this motivation of the powerful.
Self-preservation (fear of unrest or disease spreading)
What are the government sponsored enterprises were put under government conservatorship after the 2008 recession?
Fannie Mae and Freddie Mac
This term describes when housing is treated primarily as an investment for financial gain rather than a basic need for shelter.
Commodification of Housing
According to the readings, what ideology argues that the free market can provide housing more efficiently than government programs?
Neoliberalism (or market fundamentalism)
This urban planning approach focuses on creating mixed-use spaces that combine residential, commercial, and public areas to foster community interaction and reduce housing costs.
Mixed-use development
This policy approach prioritizes giving people a home first to help them address other life challenges.
Housing First
This era of post-WWII economic policy in Europe and North America emphasized government involvement in housing approaches?
Social Democratic Era
This is the main criticism of relying on private developers to provide affordable housing, as it often leads to unequal access and displacement
Market failure/profit-driven development