Problem

Prohibitive construction costs

Other Names:
Prohibitive cost of building materials
Incidence:
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.
Counter Claim:
From 1980 to 1990 the price of cement decreased by 40 percent.
Problem Type:
E: Emanations of other problems
Related UN Sustainable Development Goals:
GOAL 9: Industry, Innovation and InfrastructureGOAL 12: Responsible Consumption and Production
Date of last update
07.12.1999 – 00:00 CET