The new program to be implemented from now until 2020 entitled ‘Morar Carioca’ (broadly translated in English to mean ‘to live as a resident of Rio de Janeiro’) aims at implementing the immediate “and radical” urbanization of Rio’s favelas.
Rio de Janeiro is perhaps one of the most globally recognized cities in the World, offering an extraordinary sea coast, year round sunshine and deep cultural traditions, all combined with possessing the second largest metropolitan region in Brazil.
The announcement of the 2016 Olympic Games in Rio (which will be the first ever in the whole of South America) brought an immense confidence to both residents and investors worldwide, despite concerns with regards to the levels of poverty, which continue to remain high and often omitted from the perfect images of the city.
The new program to be implemented from now until 2020 entitled ‘Morar Carioca’ (broadly translated in English to mean ‘to live as a resident of Rio de Janeiro’) aims at implementing the immediate “and radical” urbanization of Rio’s favelas (urban slum communities). As one of the most influential regions of the country, it is widely foreseen that the effect of the reforms will spread throughout Brazil and indeed other world cities with similar issues.
Sonia Lopes, coordinator and spokeswoman of the „Morar Carioca“ program recognizes city’s international bad reputation, tarred with reports of the social issues, which are widely believed to stem from the extreme poverty divides. According to her: „Morar Carioca“; along with several other governmental projects within the city and nationally will work to establish a well-planned process to be able to offer every resident of Rio de Janeiro a standard of living to be expected from a modern and developed international city.
She also stated, statistics have actually shown that criminality has already reduced in Rio although this is a major issue to be dealt with – particularly as the World Cup and Olympic Games approach. She also believes: “Improving living conditions through programs such as “Morar Carioca” – as well as others such as ‘Bolsa Família’ and ‘Minha Casa, Minha Vida’ – is visibly decreasing the cities ‘D’ and ‘E’ [lower] classes and is highly expected to continue to do so”.
It is common sense that the “„Morar Carioca“” will affect Rio de Janeiro property very positively, since this program marks a historic step for the future of Rio de Janeiro and looks certain to change the face of the property market. There are a number of regions of the city which many property buyers do not go near – specially because of their proximity to an area which is degraded. The ‘Morar Carioca’ may help keep the market for real estate exuberant whilst also creating different types of opportunity. Furthermore, whilst Rio de Janeiro has taken a successful lead in the implementation of the Minha Casa, Minha Vida program, the „Morar Carioca“ will serve to complement the growth of much needed social housing in the city, besides serving as an example for other cities of the country with similar issues.