Tate Watkins on Port-au-Prince's Aid Economy
The earthquake that rocked Haiti's capital in 2010 drastically reduced housing stock and sent prices soaring. But the earthquake is not the only factor pushing Haitians out of their homes. The presence of foreign NGOs and government organizations, who pay premiums for office and housing space in the capital pressures local rental markets as well. In fact, the disaster economy created by international aid groups, writes Tate Watkins, will negatively affect life for Haitians for years to come.