A global housing crisis is suffocating the middle class

"The rise has been even greater in large cities; in some, rents have doubled during the same period. Nearly 9% of the population in the world's more industrialized countries dedicate more than 40% of their earnings towards paying a lease or rent."

"There’s no easy answer to the questions. One might trace the origin of the current crisis back to policies at the end of the 20th century, when many Western governments reduced the amount of public housing they were building."

Read at english.elpais.com