The global population reached over 8.2 billion in 2024, while 55% of the population lives in urban areas. This figure is expected to increase to 70% by 2025. The statistics alone provide a reason for the pressing need for affordable housing solutions.
Urbanization is good for the economy and the cities are growing exponentially, creating many opportunities and combating challenges. There are megacities with over 10 million people. They are also acting as the hub for innovation, economic growth, and, importantly – social inequality.
One major issue that this concept deals with is urban homelessness.
Let’s dive right into it to see how innovations in housing design and policy help this situation.
Homelessness in urban areas is caused by several factors that are interrelated, such as insufficient supply, housing costs, and many more. Even socioeconomic problems, including systematic differences, unemployment, and mental health issues come into play.
While booming cities are good for the economy, it is becoming almost difficult for people to afford houses, which has led to homelessness in urban areas. The prices in the real estate market show the disparity between the rich and the poor clearly. This crisis affects lower-income groups, such as migrant workers.
The problem with conventional housing solutions is that they are expensive and time-consuming. This is why it’s vital to focus on affordable housing solutions with innovative plans without compromising sustainability, as emphasized by the Future Cities concept.
According to Statista, over 650,000 people were homeless in America in 2023, this was derived from the latest report obtained from the Department of Housing and Urban Development.
This is why it’s vital to focus on the Future Cities concept which has an inclusive plan for housing solutions. This concept largely deals with innovation, which means it ultimately influences innovative solutions for complex issues like homelessness in urban areas.
Some of the innovative and practical solutions are:
However, when there’s social inequality, we can’t actually term the growth as “growth” because a part of the population gets affected by urbanization. This is why Future Cities acts as the problem solver, addressing pressing global issues through inclusive, resilient, and sustainable methods as mentioned above.