About three billion people, or 40% of the global population, will need new housing by 2030. This will require building approximately 21 million new homes per year worldwide.
Several of the fastest-growing countries have ambitious targets to meet this need. The Indian government aims to build 20 million low-cost homes by 2022. Nigeria targets one million homes built per year over the next decade. Indonesia's president has launched the One Million Houses program to serve low-income citizens.
