Author Topic: 1.3m households falling into worse living conditions in Lagos  (Read 126 times)

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Offline jchima14

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1.3m households falling into worse living conditions in Lagos
« on: October 28, 2014, 07:04:49 AM »
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About 1.3 million households could further fall into worse living conditions in Lagos, Africa?s largest city, by 2025, says the McKinsey Global Institute.

According to the global think-tank, the increasing un-affordability of housing is a growing challenge in Lagos and most other emerging economy mega-cities. In some 240 cities with populations of more than two million, majority of households will not be able to afford standard housing units at market rates.

Source: http://www.ereporter.com.ng/index.php/national-news/item/823-1-3m-households-falling-into-worse-living-conditions-in-lagos



 

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