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Future Perspectives on Housing Projects As part of big towers and new city development Prof Babar Mumtaz Director, Urbannovation.

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Presentation on theme: "Future Perspectives on Housing Projects As part of big towers and new city development Prof Babar Mumtaz Director, Urbannovation."— Presentation transcript:

1 Future Perspectives on Housing Projects As part of big towers and new city development Prof Babar Mumtaz Director, Urbannovation

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4 How did we get here? 8/26/08©mumtaz The drivers of Public Housing Policy and Projects – Protection – Fear – Patronage – Politics  Give as little as you can get away with The drivers of Private Housing Projects – Investment –  Cram as many as you can get away with

5 The transformation of housing 8/26/085©mumtaz Housing as a process Housing as a product Housing as paper –  the commodification of housing

6 Why did we get here? 8/26/086©mumtaz The Myth of the Residential Tower Block – Speed – Cost – Density – Amenity – Modernity – Livability

7 So where do we go from here? 8/26/087©mumtaz

8 So where do we go from here? 8/26/088©mumtaz

9 Investment Influencers 8/26/089©mumtaz InvestorsForeignRisks Internal (design) External (market) Saturation Creation (marketing) ProfitsLocal Housing needs

10 Boomtown stats 8/26/0810©mumtaz nationalsothers Returns % risks Investment % usersinvestors  occupy Initiate 

11 Alternative scenarios 8/26/0811©mumtaz Current Trends Attraction of Villas Attraction of CBD Appreciation of Environment Housing Overview GroupPopulation %Land use % Nationals1580 White collar2515 Blue collar605


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