How do you make housing affordable? An expert explains
The increased risk of global recession coupled with a shortage of affordable housing means cities must work with developers to tackle the housing crisis.
The Future of Real Estate – Pathways for Industry Recovery and Transition.
Buildings and cities are vital to societies and economies. They are the vehicles through which people live their lives: they bring people together, provide respite, shelter and inclusion, drive businesses, support or damage health, and nurture creativity. The past two years have brought the convergence of multiple crises – public health, social, economic and planetary – to a crescendo and, with it, a reckoning for the real estate community to evolve to serve people and planet.
Objectives:
The increased risk of global recession coupled with a shortage of affordable housing means cities must work with developers to tackle the housing crisis.
Real estate drives approximately 40% of global carbon emissions, we must decarbonize the industry if we are going to stay within our net zero targets
Both climate change and the transition to net zero could have major costs for the real estate sector. Resilience is no longer optional, says this expert.
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Evergrande debt is now over $305 billion. The world’s most indebted real estate company is on the brink of collapse, and the news sent global markets tumbling.
The disruption of the COVID-19 pandemic has prompted a rethink on the methods and tools to best engage local communities in the planning process.
This is how the real estate industry can transition to a future where buildings are liveable, sustainable, resilient and affordable.