The growth of slums is caused by many moving to the periphery of cities. Sadly the promise of urbanization only results in producing massive concentrations of poverty rather than urbanization itself. Slums are a poor standard of living. There is insecure tenure, pollution, inadequate infrastructure , overcrowding, (Far too many people in a small space) and poor housing. Poor housing results in shanty towns. The building structures are impromptu and made out of whatever is available. 78% of the world's population lives in these conditions- and it continues to increase in the future. Slums are generally located on land of little or no value whatsoever.
Here's a link on more information on how slums are the future.http://www.forbes.com/2007/06/11/third-world-slums-biz-cx_21cities_ee_0611slums.html
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