NEW YORK: The two hundred and ninetieth entry for the seniors housing Global Awards 2016 has been received.
When engineers in Singapore this year announced a pilot project to 3D-print apartments, it was the latest and most eye-catching attempt to address a long-running problem: housing affordability in the world’s most successful cities.
Urban centres face an escalating struggle to avoiding pricing out the workers on whom they depend. According to the Global Cities Business Alliance, average annual housing costs in Beijing are more than the average salary. In Mexico City, the average commuter spends two hours a day travelling and the typical cost of a rented home in San Francisco rose by 67 per cent in the six years to 2015.
