Affordable housing for all_ Only with a shift in attitudes from governments, including in Hong Kong _ South China Morning Post apply for housing benefit

However, meeting poorer people’s housing needs is requiring larger subsidies, at a time when most countries are cutting back on public spending, or even pulling out of state-subsidised housing altogether. The US housing market, ­between 2001 and 2013, saw the disappearance of 2.4 million units for low-income earners.

An insufficient supply of affordable housing seems to have become a common crisis worldwide, for both rich and poor economies. High housing costs are even squeezing middle-income families, and in the world’s costliest cities like hong kong, households earning far more than the median income can still be financially stretched by rent or mortgage payments. Hong kong home prices scale new peak, 20 years after 1997 record

Not everyone can own property and not everyone wants to.

Germany, for instance, has some of the lowest property ownership levels in the developed world, with about half the population living in rental accommodation, a level comparable with that in hong kong.How can i apply for housing benefit why are homes in hong kong so expensive?

China’s property bubble of the past decade has finally been checked through strong government intervention on ownership registration and lending, effectively reining in speculation and mass ownership by the wealthiest sector of society.

To avoid civic unrest and social disruption, governments must strengthen the supply side of housing in the public sector while balancing the demand side against commodity speculation. They must see affordable housing provision for all as a community investment, rather than a burden.

Today’s youth, even of the educated and professional classes, are growing up with diminished hope of ever owning their own property. But more than that, they are ­increasingly unable to afford to rent suitable accommodation in the places they need to live and work.How can i apply for housing benefit hong kong shared housing project set to provide relief for 1,000 needy families

Most sectors of society have been paying an ever-increasing ­percentage of their income towards housing over the past century. If we are going to meet the UN development goals, then a significant shift in attitudes towards housing needs to take place.

Technological advances in construction quality, coupled with a new willingness to live more “spartan” lifestyles in micro housing, are seeing a comeback in the US of “manufactured housing”, including ­mobile homes. Fully constructed off-site and moved into place on wheels, these are acting as a source of affordable housing not just for rural communities but also in terms of utilising urban land, such as private garden space, and are becoming popular with younger people wanting to find a home.How can i apply for housing benefit

New hybrid home ownership and land rental models are allowing the growth of “resident-owned communities” – with flexibility for owners to share management and control of parking, managing infrastructure, operations and common areas. Members may own their homes and rent empty spaces to generate revenue that covers debt service and operating expenses. Thinking inside the box: hong kong container homes could be on the way

The sharing economy is already starting to create new ways of thinking about many basics of life, ­including ownership, transport and accommodation. The airbnb ­phenomenon has shown new ways of utilising housing resources. ­other new platforms, with shared or fractional ownership and usage rights, are likely to develop.

Recently, beijing ­announced measures to allow property rights to be shared ­between the government and individual buyers, in order to lower the threshold for home ­ownership while reducing direct government expenditure.How can i apply for housing benefit platform co-operatives, which share the value they create with the users they ­depend on, are on the rise.