Four Steps to Fix the Global Affordable Housing Shortage

Finn MacLeod — Mon, 03 Nov 2014 00:00:00 +0000

According to global consultancy firm McKinsey & Company, the projected cost of providing affordable housing to 330 million households around the world currently living in substandard accommodation is $16 trillion USD. The firm's latest report, A Blueprint for Addressing the Global Affordable Housing Challenge, assesses critical pathways for providing housing to families across a range of socio-economic backgrounds and nationalities. According to the report, adequate and affordable housing could be out of reach for more than 1.6 billion people within a decade. The comprehensive report examines everything from income to cost of heating, boiling down the data into four key mandates aimed at solving the global housing crisis.

Tag: mckinsey-global-institute | ArchDaily

Four Steps to Fix the Global Affordable Housing Shortage