Key Elements of Housing Development
Housing is the provision of shelter; an abode to live in. Shelter should be adequate, affordable and decent. Adequate in that there are enough good quality rental and owner occupier housing units for low income families. Affordable in that total housing costs are affordable to those that have low income. Decent in that it provides a foundation for good physical and mental health, personal development and fulfillment of life objectives.
Challenges of Housing Development
The research study focused on the challenges faced by housing developers in the low income
market. Challenges identified included the high cost of land in urban areas, the complicated land
acquisition process, high transaction costs, outdated planning and building regulations, and the
lack of adequate infrastructure.
Also read: https://www.acash.org.pk/topics/the-new-japanese-housing-policy-research/