11th Annual Affordable Housing Projects
About The Event
There is a global housing crisis, as access to affordable and decent housing is becoming a central issue around the globe. In growing metropolitan regions, current urbanisation and re-urbanisation patterns coincide with decreasing real household incomes while ineffective administration and regulation struggles to channel public and private investment into desperately needed housing development. In the most prestigious locations, rising inequality is driving house prices even higher with flow-on effects throughout many other urban housing markets. As a result of these market and governance failures, housing affordability reaches all-time lows, poorer households are being priced out of inner-city neighbourhoods and the size, quality and design of the available housing stock becomes increasingly inadequate even for basic, modern living. Disturbingly, this persistent structural crisis has not been mitigated after the Global Financial Crisis but rather has accelerated.