In the United States alone, 95 million people have housing problems, including payments too large a percentage of their income, overcrowding, poor quality shelter and homelessness.
Clean, decent, and stable housing provides more than just a roof over someone’s head. It provides:
- Stability for families and children.
- Sense of dignity and pride.
- Health, physical safety, and security.
- Increase of educational and job prospects.
Housing is a great means of wealth creation.
- Home ownership is a form of wealth accumulation through equity and forced savings from mortgage repayment.
- Housing construction creates job opportunities and stimulates the creation of small business.
- The process of securing land tenure helps to increase access to credit.
Good housing attracts economic investment and development.
- It contributes to thriving school systems and community organizations.
- It serves as a catalyst for civic activism and a stimulus for community-based organizations.
- Safe homes and neighborhoods help to build social stability and security.
Housing must become a priority.
- The percentage of people without access to decent, stable housing is rising.
- Increasing the housing supply across the globe is essential.
- Adequate housing is vitally important to the health of the world’s economies, communities, and populations.
- If we are to succeed in the fight against poverty, we must support the expansion of housing both as policy and as practice.