The Federal Housing Advocate  submitted written representations to the review panel on financialization of purpose-built rental housing in June 2023.  The Advocate’s representations draw from research commissioned by the Office of the Federal Housing Advocate and submissions she has received from individuals and organizations to describe the negative effects of financialization on human rights, including the human right to adequate housing, and analyze the factors that exacerbate it.

This document is submitted as an addendum to the Advocate’s representations. It outlines recommended measures governments can undertake to remedy their failure to protect human rights, uphold their human rights obligations, and address the factors that exacerbate financialization of purpose-built rental housing. These preliminary recommendations are drawn from the research conducted for the Advocate , submissions she has received, engagement with rights holders and experts, and a review of briefs submitted to the study on financialization of housing by the Standing Committee on Human Resources, Skills and Social Development and the Status of Persons with Disabilities