Affordable Housing Crisis Grips Global Cities

Cities like Burnley in the UK are facing housing affordability challenges despite low average home prices and rentals, reflecting broader issues in the country's housing crisis. In the US, Davidson, Forsyth, and Guilford counties experienced a 19-year low in residential home affordability during the second quarter, highlighting the struggle for homeowners to cover expenses. Karachi, rated among the world's least livable cities, continues to grapple with infrastructural issues and complex political economy, impacting residents' quality of life. Sinn Féin emphasizes the necessity of a significant increase in affordable housing by Local Authorities and Approved Housing Bodies to address soaring house prices in Ireland, pointing out the inadequacy of current policies and private sector developments.