Four walls, soaring costs: Why is your housing dream getting costlier
A UN report indicates that global housing affordability has declined significantly over the last two decades, with the price-to-income ratio rising sharply. Factors such as rapid urbanization, population growth, and supply shortages are driving the crisis.
Why it matters
The worsening housing affordability crisis disproportionately affects vulnerable populations and poses a major challenge to global economic stability.
Four walls, soaring costs: Why is your housing dream getting costlier - The Times of India
The article relies on UN data to explain a global economic trend without political bias.
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