In Venezuela Housing Crisis, Squatters Find 45-Story Walkup | Classwork Portfolio | Scoop.it
An unfinished skyscraper occupied by squatters is a symbol of Venezuela’s financial crisis in the 1990s, state control of the economy and a housing shortage.

 

This skyscraper that was once a symbol of wealth, in an incredible paradigm shift, has now become is occupied by squatters. The lack of a vibrant formal economy and more formal housing leads to a lack of suitable options for many urban residents--especially with problems in the rural countryside. A complex web of geographic factors needs to be explained to understand this most fascinating situation. The video link "Squatters on the Skyline" embedded in the article is a must see.


Via Seth Dixon