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.
Broader Problems:
Excessive costsProhibitive cost of cooperative start-upLimited availability of investment capital for urban renewal Narrower Problems:
Prohibitive cost of road constructionProhibitive construction cost of community buildings Aggravates:
Scarce fencing materialInsufficient housing fundsUnfocused design of community spaceTransfer of industries to low-wage countriesDiminishing capital investment in small communities Subject(s):
Commerce → Purchasing, supplyingFundamental Sciences → Material
Industry → Construction
Related UN Sustainable Development Goals:
Problem Type:
E: Emanations of other problems Date of last update
04.10.2020 – 22:48 CEST