Affordable housing: people versus profits still at the centre of the debate

AwareSuper, Australia’s second largest super fund, has highlighted the importance of providing affordable housing, a key ingredient in the ‘S’ of its ESG strategy. But at the same time, housing campaigner Leilani Farha, UN special rapporteur on the right to housing until 2020, has warned of the social harm that investors are doing via fast-increasing multi-family property investments. She has singled out Korea’s National Pension Service, which she accused of being unaware of the…