Access to cheap land is key to affordable housing, says World Bank

Abhas:

KUALA LUMPUR: The World Bank said the challenges posed by affordable housing is an issue that is faced by both developing and developed countries, as seen in the Grenfell Tower inferno in Kensington, London where some 80 perished.

The Bank’s Urban and Disaster Risk Management (East Asia and Pacific) practice manager Abhas K. Jha said pockets of extreme wealth and poverty is the biggest problem.