Wisconsin Real Estate MBAs report from MIPIM 2010:
Tuesday March 16
Panel: The Expanding Need of Social Housing Around the World: Opportunity of Investment?
Affordable housing projects, like the ones UN-HABITAT sponsors around the world, cannot be achieved by government alone. Help has to come from private sector collaboration.
The importance of housing goes beyond mere shelter to serving as a bridge from being homeless to being a contributing member of society. Projects in Turkey and Brazil offer examples of strategies for focusing on urban regeneration and the creation of mixed-use communities. If people live near where they work, this decreases the need for infrastructure investment and will increase GDP through lower construction costs. Transportation cost decreases also lead to an expected increased standard of living.
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