IslamicFinance.de

In a report titled "The growing crisis of affordable housing in MENA" Ernst & Young explain that the growing crisis of affordable housing can be fought if regional governments involve the private sector in the matter. Even though a number of countries in the MENA region have made commendable efforts, affordable housing is still far from enough and the demand is continuously rising. The government is not able to deal with the issue of supplying affordable housing on its own. That is why both supply-side and demand-side strategies should be used to mobilize the private sector and thus expand government resources.