ABSTRACT
Interaction is crucial in order to create collective value among heterogeneous stakeholders in the housing sector. This implies that stakeholders must find the appropriate structures and mechanisms to exchange their expectations and needs and make consensual decisions. It examines why stakeholder theory is relevant when thinking about the development of the built environment. There are two fundamental reasons. To begin with, the built environment has a direct influence on the population at large and over the long term. This framework is therefore suitable only if it follows three conditions. It helps to identify local singularities, including the needs and specific conditions that require institutional intervention. It then guides towards multiple ways of designing and enhancing specific responses. It helps to understand the tensions that might occur in the decision-making process and the long-term effects of interventions. It concludes with some examples of how an approach to social justice in housing development requires the identification, design and procurement of specific characteristics.
