What led to global housing crisis and how to fix it
The official website of The Standard.
Lack of affordable housing forces low-income workers to live farther away from their jobs, "requiring long and costly commutes and reducing productivity," Moody's Analytics says in its study.
The world needs to build 96,000 new affordable homes every day to house the estimated 3 billion people who will need access to adequate housing by 2030, UN-Habitat says.
The organisation says its advice has helped 43 countries improve their housing policies.