SUSTAINABLE HOUSING ASSET RESOURCE EXCHANGE

Tackling the world’s affordable housing challenge | McKinsey & Company

Tackling the world’s affordable housing challenge | McKinsey & Company

A new McKinsey Global Institute (MGI) report, A blueprint for addressing the global affordable housing challenge, defines the affordability gap as the difference between the cost of an acceptable standard housing unit (which varies by location) and what households can afford to pay using no more than 30 percent of income. The analysis draws on MGI’s Cityscope database of 2,400 metropolitan areas, as well as case studies from around the world.

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