Many cities are currently facing a serious housing shortage. What are some of the reasons for this shortage and what solution can you suggest.

Presently, in many countries throughout the world the plight of people, who encounter the paucity of dwelling, exacerbates due to the overpopulation and the dire straits of low-income people. Fortunately, there is the prospect of solutions to

this

problem via an attainable and promising policy.

First

and foremost, the superfluous amelioration of urban areas logically retards the economic growth of the vicinity. To put it another way, people of the countries migrate to the metropolises for the sustainable condition of lives and the plethora of avenues for earning money, as a corollary they cannot afford abodes owing to overcrowding. Secondarily, amid the undue large prices of

houses people's

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houses, people's

rights on affordable and auspicious habitation, paradoxically, are compromised. At

this

rate, people are curbed to reside in the adverse housing in a bad state that ultimately conduces to deteriorate the situation with the absence of dwelling. The sequence of profound decisions can rectify

this

predicament of the shortage of housing. In effect, replacing slums by high-rise apartments is the prerequisite for enhancing the quality and quantity of habitation. A noteworthy

example in

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example, in

this

connection is the policy of the Russian government that transforms poor shelters in the multi-story buildings with supplementary apartments that, in turn, mushroom opportunities for placing the

houseless

. In the interim, a

neighbor

a person who lives (or is located) near another

neighbour

of Russia, Kazakhstan has imposed mortgage with an utterly low-interest rate for indigent people; as a consequence, people reside in the propitious apartments notwithstanding their fiscal status. So, the implication is that the policies, namely renovating inadequate houses and enforcing low-interest rates, can, in all likelihood, reverse dire situation of shortage of abodes in the tangible effect of residing people.