Journal of Comparative Urban Law and Policy


Inequality has been a topic in the core of many studies about urban development. Different theories contributed enormously to innovative reflections on the 2008 global financial crisis. However, the perverse economic practices on city construction and the housing issues remain. The aim of the present article is to show how far the right to housing in Cape Town has been affected by risky real estate investments. Unemployment rates, public money being involved in the property market and mortgage system for speculative purposes are some of the dependent variables that can shed light on these new urban forms of inequality in South Africa. The usufruct of the right to property in Brasília and Terrassa, two models of spatial development in Brazil and Spain, respectively, leads us in the debate.