Author: umerkhan25252

Housing affordability is a pressing issue worldwide, and Pakistan has not been an exception. The gap between the demand for affordable housing and the supply of it continues to widen, making it challenging for many families around the world to own one. Projects like Faisal Town Phase 2 exemplify how this issue can be addressed through innovative, inclusive development strategies.Understanding the Affordable Housing CrisisAffordable housing is defined as affordable housing units for low- to middle-income households. In Pakistan, rapid urbanization, population growth, and increasing land prices have exacerbated the housing deficit, leaving millions without adequate shelter.Key Challenges:High Land Costs: The…