The availability and quality of housing is to a great extent a measure of the success of the social, political, and economic systems which characterize a given society. They both depend on cost as related to the multitude of socio-economic variables and for this reason, the cost of housing has received considerable attention as is evident from the sample of selected references. It presents a problem of the first order for which there is neither a simple nor unique solution. Governed by the principle of the reality of change (thesis – antithesis – synthesis) as sustained by social, economic, and technological interactions, it is a problem subject to control rather than a definite solution.