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The housing crisis is now global. It shows just how undemocratic our nations have become | Leilani Farha

Source: The Guardian Business - Published: 19 Oct 2026 08:00

When we can’t even afford to rent or buy somewhere to live, we have to ask: did we give the financial sector too much power?Leilani Farha is the former UN special rapporteur on adequate housingIn the summer of 2021, I visited a homeless community in a park in Toronto, Canada, and spoke to one of the residents. He was living in a tent in the shadow of brand new skyscrapers, and had been homeless for about five years. At one point he swivelled around, pointed up at a crane on the skyline, and said: “Who are they building those for? Definitely not for me.”He was right. And he captured something experienced by ordinary people around the world: the growing conviction that the housing system is no longer tethered to their needs. What he was pointing at is not just a housing crisis. It is a crisis of democracy.Leilani Farha is the 2026 CBC Massey lecturer. This piece is based on her new book: Housing Inc.: A Global Takeover and Our Fight for Home. She is the former UN special rapporteur on adequate housing and the global director of the international human rights organisation, The Shift Continue reading...