Transcribed
Development in the Americas - Housing for All: Housing affordability
How many families cannot afford a house? 60%-70% 50%-60% 40%-50% 59% Cuenca 58% Quito 56% Rio de Janeiro 50% 69% 70%-80% 30%-40% Belo Horizonte |Lima Santo Domingo 67% Asuncion Managua San Pedro Sula Buenos Aires 66% Guayaquil 62% 49% Recife Belem Salvador 48% Mendoza Rosario 55% Fortaleza Меxico City Tegucigalpa 54% San Salvador 40% Medellin 38% Panama City 36% Concepcion Valparaiso 35% Bogota 47% Guadalajara Tucuman 46% Santiago Cordoba 44% Cali 53% Montevideo 52% Curitiba Brasilia Porto Alegre Guatemala City Sao Paulo 20%-30% 80% Caracas 75% Machala 72% Santa Cruz 71% La Paz 29% San Jose Source: IDB. 2012. Room for Development.
Development in the Americas - Housing for All: Housing affordability
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How many families cannot afford a house?
Most of the population living in Latin America's biggest cities cannot access formal housing due to insufficient income, steep mortgage interest rates and h...
igh prices, as well as the inability to document their income, according to "Room for Development: Housing Markets in Latin America and the Caribbean", the latest edition of the IDB's flagship publication Development in the Americas.
The figure shows that, when all those factors are taken into account, over two thirds of the households of Caracas, Machala, Santa Cruz, La Paz, Lima, Santo Domingo, Buenos Aires, San Pedro Sula, and Managua cannot afford formal housing.
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