Global Focus: Social Housing Makes a Sound Financial Investment

In March, I attended the worlds most prominent international real estate investor conference, MIPIM, in Cannes, France. I was delighted to discover that on a global level, social housing is now being seen not only as a solution to the massive problem of slum dwelling, but as a sound investment with healthy guaranteed returns for investors, and with myriad benefits for governments.

This issue has been my team at Investments in Costa Ricas main focus over the last eighteen months and I was excited to see that in France too, this issue took center stage. The assistant Secretary General of the United Nations keynote speech addressed the urgent need to develop housing solutions for the more than 1billion people living in slums around the world in order to reduce future economic, medical and security burdens on governments and societies.

In Costa Rica this year $250 million has been allocated for social housing funding by the National Mortgage Bank of Housing.

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Education

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• investments in Costa Rica