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Morocco Seeks to Supplant Slums

Posted by: Alek Miller

23 September 2009 - 8:00am

In an effort to replace slums with low-cost housing, Morocco is paying developers to create thousands of new apartments. Some slum residents see it as a boon, others say they couldn't afford the rent, even if it were subsidized.

Morocco has helped to move thousands into the low-cost housing, but reasons for resisting the move are abundant.

"Some said they couldn't afford to pay the deposit for a mortgage, others that they were concerned about being relocated miles outside town.

Others said they'd rather stay in the slum with free accommodation, electricity and water, than risk falling behind on mortgage payments.

There's also a strong culture of home ownership in Morocco, which means that many people are reluctant to rent an apartment."

Full Story: Moroccan efforts to replace slums
Source: BBC News, September 21, 2009
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In short, we’ve seen the last of the cheap oil on which we’ve built our economy, our communities, and our daily lives.
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