Document Type

Article

Rights

This item is available under a Creative Commons License for non-commercial use only

Disciplines

Economics

Publication Details

Journal of the Society of Chartered Suveyors, 2015

Abstract

The McKinsey Global Institute, an economic think-tank, last year published a report on global housing. The report finds that City dwellers globally pay $650bn a year more on housing costs than they can afford and wages of low income earners lag growth in housing costs leading to greater income inequality and out-migration of skilled workers.

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Economics Commons

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