Housing affordability has plunged globally, hitting young people and vulnerable groups hardest. Soaring property prices and rising rents outpace incomes, with India’s major cities facing a severe crunch. Experts cite urbanization and supply shortages. Governments must integrate housing with other strategies and boost construction to address this growing crisis. Housing affordability has plunged globally, hitting young people and vulnerable groups hardest. Soaring property prices and rising rents outpace incomes, with India’s major cities facing a severe crunch. Experts cite urbanization and supply shortages. Governments must integrate housing with other strategies and boost construction to address this growing crisis.
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