Affordable housing is a pressing global issue that affects millions of families, especially those with low to moderate incomes. Defined as housing that ensures individuals and families do not spend more than 30% of their gross income on housing costs, it is essential for promoting economic stability, social equity, and urban development. With rapid urbanization and rising property prices, the need for effective affordable housing schemes has become more critical than ever. This article explores the concept of affordable housing, the types of schemes available, key features, and the challenges and opportunities in addressing this vital need.
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