Planet Smart City’s ‘operating system’ vision for affordable housing
SMARTCITIESWORLD
Unprecedented growth in many cities has made affordable housing a challenge around the world. A 2018 study revealed that of 200 cities polled globally, 90 per cent were considered unaffordable when applying the standard of average house prices being more than three times the median income. The United Nations has flagged housing affordability as an issue of strategic importance for “development, social peace and equality,” citing 1.6 billion people living in inadequate housing.