Category Archives: World

8th Global Housing Finance Conference

The World Bank Group will hold its 8th Global Housing Finance Conference on May 30 – June 1, 2018. The theme of the conference is “Breaking the Mold – New Ideas for Financing Affordable Housing” and we will explore innovative ideas around the role housing

Global house prices increase by 4.6 per cent

House prices worldwide increased by 4.6per cent in 2017, led by Iceland and Hong Kong, but their rate of growth has slowed while European housing markets are rising up the rankings, the latest global index shows. Overall some 85per cent of the 59 countries tracked

A Comparative Analysis of Housing Indicators in China and Nigeria

In our previous review of “Nigeria’s journey towards sustainable housing provision”, we highlighted several housing indicators in the areas of housing deficit, mortgage interest rate, mortgage down payment rate and repayment period, policy reforms, cost of housing, which were used to explain the current state

How People In China Afford Their Outrageously Expensive Homes

I was surprised when the owner of the run-down, 82 square meter apartment outside of the core downtown area of Xiamen that I once rented told me that he was selling it for nearly US$300,000. The apartment was in a well-worn 15 year old building

The Housing Provident Fund in China

Explanation In China, different cities have different laws and regulations regarding the social securities and housing fund. All Chinese employees and employers are required to contribute the mandatory social insurance and other social benefits such as housing fund and the social security funds on a

Government must provide infrastructure – Estate Developers

Real Estate Developers are appealing to government to develop the infrastructure needs to enable them easily provide affordable housing. According to them, it is the duty of government to provide the roads, drainage system and other infrastructure needs, since such activities are capital intensive and

China dominates global city rankings for house price growth

Chinese cities recorded the strongest mainstream house price growth in 2017 and seen the biggest rise in the prime property market, new research has found. Price grow by more than 10% in eight Chinese cities in the mainstream market, led by Chongqing with an increase

KUALA LUMPUR DECLARATION ON CITIES 2030

We, the participants of the Ninth session of the World Urban Forum — representing  national, subnational and local governments, parliamentarians, civil society, older persons, women, youth, children, persons with disabilities, grassroots groups, indigenous peoples and local communities, private sector, foundations and philanthropies, international and regional

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