Affordable Housing

Thomas Power

Research output: Contribution to journalArticlepeer-review

Abstract

The McKinsey Global Institute, an economic think-tank, last year published a report on global housing. The report finds that City dwellers globally pay $650bn a year more on housing costs than they can afford and wages of low income earners lag growth in housing costs leading to greater income inequality and out-migration of skilled workers.
Original languageEnglish
JournalJournal of the Society of Chartered Suveyors
DOIs
Publication statusPublished - 1 Jan 2015
Externally publishedYes

Keywords

  • global housing
  • housing costs
  • income inequality
  • out-migration
  • skilled workers

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