1. Homes for a Better Future:
Ponzi Circulations and the Paradox
of Alienable/ Inalienable Homes in
Postsocialist Albania
Smoki Musaraj
Postdoctoral Fellow
IMTFI, University of California,
Irvine

2. View of Vlora’s New Housing Development
from Hotel Bologna’s Roof, 2008

3. Two Types
kompani or kompani me pergjegjesi te
kufizuara
(limited liability companies)
fondacione/ fondacione bamirese
(charities/charity foundations)
Lexicon
before 1997 fajde
(money lending/usury)
after 1997 firma piramidale /piramida
(pyramid schemes/firms)

4. Firma Piramidale: Thresholds of Value
Conversion

5. Trajectory I - Nafie’s Entrapment in the
“Periphery”
Kombinat Lapraka

6. Former kreditor, Manushaqe, in front of “Vefa’s Apartments”
Laprake, Tirana, 2008

7. Two Parallel Surges in Construction
Post-1997 developments hide VEFA’s View from Manushaqe’s balcony: post
apartments from the Major Tirana- 1990s “illegal” houses build by rural
Durres Highway migrants

8. Plans for a “European” City
The “French” Model of Tirana’s Future Urban
Plan
Tirana City Council Website

9. Trajectory II - Fatmira’s Relocations as Social Transformation
Village Fier Vlore

10. Shtepi socialiste (socialist apartments) Shtepi europjane
(European homes)

12. •Manushaqe in her balcony cum
aneks