Overview of the Publication
The document âThe Right to Housing â A MissionâOriented and Human RightsâBased Approachâ is a working paper published in 2023 by the UCL Institute for Innovation and Public Purpose (IIPP). It is authored by Mariana Mazzucato, a professor of the Economics of Innovation and Public Value at UCL and coâchair of the Council on Urban Initiatives, and Leilani Farha, former UN Special Rapporteur on the Right to Housing and Global Director of The Shift. The paper draws on expertise from a broad coalition of mayors, academics, and practitioners across Europe, North America, Africa, and Asia, reflecting a panâEuropean and global perspective on housing policy.
Institutional Context and Goals
The paper positions the right to housing as both a legally binding human right and a strategic mission for governments. It argues that achieving Sustainable Development Goal 11.1 (adequate, safe, affordable housing for all by 2030) requires integrating humanârights accountability with missionâoriented policy design. The authors propose a framework that aligns legal obligations, bold public missions, and crossâsector partnerships to reshape housing markets toward the common good.
Key Data on the Housing Crisis
- Over 1.8 billion people lack adequate housing worldwide.
- In 2022, 90 % of 200 studied cities were unaffordable, with average home prices more than three times median incomes.
- The global housing stock is valued at US 258.5 trillion, exceeding three times global GDP.
- Buildings account for roughly 36 % of global COâ emissions; housingârelated displacement affects 22 million people annually due to climate events.
- The paper estimates a financing need of $929 billion to upgrade inadequate urban housing for 881 million people.
MissionâOriented Policy Pillars
The authors outline six pillars for a rightâtoâhousing mission:
- Bold housing mission anchored in humanârights principles.
- Marketâshaping rather than marketâfixing, placing value creation at the centre.
- Entrepreneurial state that coordinates wholeâgovernment action.
- Symbiotic publicâprivateâthirdâsector partnerships with shared riskâreward structures.
- Publicâvalueâdriven financing and taxation, including landâvalue capture and taxes on vacant homes.
- Robust monitoring and accountability, using independent bodies and humanârights indicators.
Partnerships and Governance Models
Case studies illustrate successful partnerships: Barcelonaâs publicâprivate housing entity (50 % public, 50 % private) delivering 4,500 affordable units; Viennaâs socialâhousing system where 60 % of rentals are publicly owned, leading to a measurable rentâdampening effect; Singaporeâs landâstate model with 90 % stateâowned land enabling strategic market control. These examples demonstrate how coordinated governance can align market incentives with affordability and sustainability goals.
Financing Strategies for Sustainable Housing
The paper stresses outcomeâoriented public finance, such as patient capital, longâterm lowâinterest loans, and conditional subsidies tied to affordability, energy efficiency, and humanârights compliance. It recommends leveraging tax toolsâlandâvalue capture, taxes on second homes, and vacancy leviesâto redirect private gains toward public housing missions. Publicâvalueâdriven financing is presented as essential because marketâonly solutions have proven insufficient to meet the scale of need.
Monitoring, Accountability, and HumanâRights Indicators
To ensure progress, the authors call for independent monitoring bodies equipped to assess compliance with eight housingâadequacy characteristics (affordability, habitability, location, accessibility, cultural adequacy, sustainability, security of tenure, and service availability). Transparent data collection, public reporting, and legal remedies for rights violations are highlighted as core mechanisms for accountability.
Implications for a PanâEuropean Audience
For European policymakers, the paper offers a roadmap to integrate EU housing directives, the New Urban Agenda, and SDG targets into a cohesive missionâoriented strategy. It underscores the need for EUâlevel coordination on landâvalue capture, climateâaligned building standards, and crossâborder financing mechanisms. By aligning humanârights obligations with ambitious public missions, European cities can address affordability pressures while meeting climate commitments, fostering inclusive, resilient urban futures.

