Prohibitive construction costs

Other Names:
Prohibitive cost of building materials

In some countries where there is a monopoly in supply of building materials, shortages have been created deliberately in order to force up the price. The steep rise in prices of land and building materials has effectively removed decent housing from the reach of low- and medium-income groups in most developing countries.

Related UN Sustainable Development Goals:
GOAL 9: Industry, Innovation and InfrastructureGOAL 12: Responsible Consumption and Production
Problem Type:
E: Emanations of other problems
Date of last update
04.10.2020 – 22:48 CEST