UN-Habitat chief Anaclaudia Rossbach: We have a global housing crisis, 300 million people are living on the street'

The global housing crisis impacts millions, with over 300 million homeless and more than 1 billion in informal settlements. The issue of inadequate housing affects 3 billion people. The crisis of affordability is structural, especially in the Global South, but has become increasingly prevalent in large cities globally. U.N.-Habitat emphasizes the significant need for access to housing and proposes expanding known financing mechanisms, particularly with the creation of parafiscal instruments to raise funds, especially in African municipalities. National government support remains crucial for enhancing local autonomy in addressing housing needs.

"We have a global housing crisis. More than 300 million people live on the streets, more than 1 billion in informal settlements, 3 billion in inadequate housing, and we have a crisis of affordability."

"The needs are enormous, and so are the figures required. However, Rossbach also saw many ideas and potential in Seville. For example, to expand mechanisms we already know, like property taxes."

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