Housing plays a key socio-economic development. According to UN about 3 billion people will need new housing and basic urban infrastructure by 2030. Without affordable housing financing solutions, many urban poor can’t get decent formal housing, whereas weak economic condition …
Read More »Has low-cost housing taken precedence?
Low-cost housing is the dire need since the housing backlog is around 10 million units in Pakistan at the moment. Let alone the impoverished and the poor or the working class to be precise, even the lower-middle class cannot think …
Read More »Construction and housing to revive economic glory
Efforts are being made by the government led by Prime Minister Imran Khan to revive the construction and real estate sector, as the country faces Covid-19 pandemic hitting economic growth. The China-Pakistan Economic Corridor (CPEC) involves construction of highways, railways …
Read More »Possibility of affordable housing
*Mera Pakistan Mera Ghar buzzword a three-pronged benefits for country’s homeless population Poor access to affordable housing results in unequal home ownership: proprietorship remains concentrated in the top income bracket, leaving a limited supply of housing for low-income households. Housing …
Read More »State of housing sector in Pakistan
As a worldwide commonality housing backlog is the biggest outcome of continued urbanization. Land, infrastructure, finance, administrative bodies, real estate markets and most importantly role of government are most significant factors in this regard, and the tool through which the …
Read More »Least Affordable Housing Markets
The rise in housing prices continues to outpace the increase in wages across many parts of the world. For many cities, modest gains made in median yearly wages have been overshadowed by significantly higher increases in the cost of housing for the …
Read More »Suburbs are becoming increasingly diverse – urban development and the pandemic will transform them further
Historically, suburbs have been considered as places which are less diverse than cities, particularly with regard to their racial and social class composition. This is a result of many social and economic drivers influencing the development of city regions. But …
Read More »Which Cities Have the Highest Risk of a Housing Bubble?
Two German cities, Munich and Frankfurt, were found to have the highest risk of a housing bubble developing in a recent survey released by investment bank UBS. Other cities at risk were Toronto, Hong Kong, Paris, Amsterdam and Zurich. In Munich and …
Read More »COVID-19 Pandemic takes toll on construction industry
There are fundamental changes that happen from time to time; specially during times of war. But this time the enemy is a virus and not a foreign power. The COVID-19 pandemic has created a wartime atmosphere where sudden and unexpected …
Read More »Cities are at centre of coronavirus pandemic – understanding this can help build a sustainable, equal future
From its origin in Wuhan, China, COVID-19 has spread to become a predominantly urban-focused pandemic. Although much data on the pandemic is still unavailable, it is clear that urban areas have been at the epicentre. We can seize this opportunity …
Read More »Housing, construction and real estate need prompt revamp
Business industry likely to see boom of investments this year Interview with Muhammad Talha, President – Naya Nazimabad Gymkhana PAGE: Tell me something about yourself, please: Muhammad Talha: I am working in Arif Habib Group for last 10 years. Before …
Read More »Which Cities Have the Highest Risk of a Housing Bubble?
Munich was deemed the city with the highest risk of a housing bubble developing in a recent survey released by investment bank UBS. Other cities at risk include Amsterdam, Toronto, Vancouver and Frankfurt, placing two Canadian and two German cities in the …
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