A blueprint for addressing the global affordable housing challenge
McKinsey Global Institute
Download Document| Date Published | 2014 |
| Version | |
| Primary Author | Jonathan Woetzel |
| Other Authors | Sangeeth Ram, Jan Mischke, Nicklas Garemo and Shirish Sankhe |
| Theme | Housing Finance Policy |
| Country |
Abstract
The struggle to obtain decent, affordable housing could affect at least 1.6 billion people globally within a decade, leaving more than a third of all urban dwellers in unsafe or inadequate housing or financially stretched by housing costs. The four levers that we lay out in this report, combined with effective local delivery, can bring decent homes within reach of hundreds of millions of households and narrow the affordable housing gap.