The Indian Economic Times defines affordable housing as follows: Affordable housing refers to housing units that are affordable by that section of society whose income is below the median household income. Though different countries have different definitions for affordable housing, but it is largely the same, i.e. affordable housing should address the housing needs of the lower- or middle-income households. Affordable housing becomes a key issue especially in developing nations where most of the population isn’t able to buy houses at the market price.
Contact
Megawide Construction Corporation 20 N. Domingo St., Brgy. Valencia Quezon City, Philippines 1112 www.megawide.com.ph PROGRESS GROUP Zeil 127 60313 Frankfurt am Main, Germany T +49 69 77044044 info@progress-group.info www.progress-group.info