Private sector crucial to resolve housing challenges

published in July 2014
Developing countries are threatened by a housing crisis. New models are needed to produce affordable and sustainable housing on a large scale. What role can the private sector play?
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Decent, affordable housing is crucial to development. It determines living standards; its location affects employment opportunities, while its mass construction can generate thousands of jobs. In most poor countries, however, both public policies and commercial organizations have largely mimicked the processes of highincome countries, catering only for their elites. This has led to ordinary people being marginalized, with millions condemned to self-built structures in informal settlements.

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