May
21
2009

Slumdog Millionaire actor’s home demolished, highlighting the risks of poverty

Caitlin Weaver, writes about the demolition of the home of one of the child stars of Slumdog Millionaire over @ The Financial Access Initiative. She makes the point that the destruction of homes and property is fairly commonplace for the world’s bottom billion–a fact supported by the research conducted for the book Portfolios of the Poor: How the World’s Poor Live on $2 a Day.
Click through to read the full story, but here’s an excerpt from her article:
Slumdog Millionaire brought new attention to urban poverty in India. Sadly, though, the kind of disaster highlighted by the NY Times is a common occurrence for urban poor families living in slums around the world. A new book, Portfolios of the Poor: How the World’s Poor Live on $2 a Day, describes a similar situation in Bangladesh:

“Many of the property losses in Bangladesh were caused when slum environments were cleared by police or by contractors doing infrastructure work. Because Dhaka’s urban slum dwellers are aware of these risks, they tend to invest less in housing that has an insecure tenure. Homes may be huts that are quickly packed up and shifted on a handcart to another location.  When we revisited our Bangladeshi households in 2005, all three of our urban research sites had been wholly or partly destroyed since we were there in 1999-2000.”

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