April 22, 2022 - 3:31pm EST
The Affordable Housing Crisis: What Can We Do?
As global populations keep densifying, it is becoming increasingly difficult to provide adequate housing to meet demand. With high population growth comes steep rising costs of materials, land, and rent in general. Where rent on average costs 30% of people’s income, it now accounts for 43% in cities like Miami, San Francisco, London, Hong Kong, and New York.