Many of the world’s cities are currently facing a serious housing shortage. What are some of the reasons for this shortage, and what solutions can you suggest? Give reasons for your answer and include any relevant examples from your own knowledge or experience.

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There can be little doubt that the lack of housing space is a significant concern in many
cities
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worldwide.
This
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problem is attributable to rapid
urbanization
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and limited funding for affordable housing
projects
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but can be addressed by the
government
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implementing an incentive scheme for
developers
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. The underlying root of the problem is quick
urbanization
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in cosmopolitan
cities
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, which leads to an increase in demand for housing.
In other words
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, a scarcity of land availability in those
cities
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can not afford the fast spreading of urban
cities
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, which results in the increase of housing prices.
This
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means people who have below-average incomes do not have a chance to own a household property;
therefore
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, they have no choice but to live in a slum, which is a place of social devils. Take India as a prime example, because of
urbanization
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caused by overpopulation, citizens in crowded
cities
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suffer from poverty and disease by living in unsanitary places. Another factor may be insufficient funding for housing
projects
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in major
cities
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. Despite the efforts the authorities put into
this
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area, the regrettable reality is that a limited number of people can approach these
projects
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because of their extravagant prices.
This
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situation stems from
developers
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who need to raise their housing
projects
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to make as much money as possible in most
cities
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in developing countries.
Consequently
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, a rising price has a detrimental effect on citizens' lives when it forces them to live in an unsafe place where they can not secure a steady life and children's upbringing. To alleviate
this
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issue, the
government
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can incentivize
developers
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to build more affordable housing. In more detail,
developers
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who build
such
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housing can benefit from the policies of offering tax credits or subsidies, which financially provide them more opportunities to construct these community-serving
projects
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.
Additionally
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,
such
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incentive schemes from the
government
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can provide low-interest loans to
developers
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to finance the intention of building low-priced places,
thus
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reducing the housing shortage in major
cities
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.
Therefore
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, it can be seen that the lack of adequate housing in
cities
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is conducive to a fast pace of
urbanization
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and a lack of affordable housing
projects
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.
However
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, the
government
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can mitigate these situations by implementing a financial scheme as an urgent action.
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  • Paragraph 1 - Introduction
    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

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Topic Vocabulary:
  • rural-urban migration
  • natural population growth
  • economic inequalities
  • property prices
  • urbanization
  • housing demand
  • land scarcity
  • government policies
  • affordable housing
  • foreign investors
  • construction costs
  • labor costs
  • real estate market
  • housing crisis
  • residential development
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