1945

The role of real estate development in urbanizing cities

The world is more than halfway through a 200-year cycle of population growth and urbanization, at the end of which close to 85 per cent of humanity is projected to live in cities. Leaders, planners, and policymakers in cities and urban regions are increasingly recognizing the accelerated pace of urban change, and in particular the challenge of spiralling demand coupled with supply-side constraints. City leaders must cope with unprecedented enthusiasm for urban living and urban jobs, but with limited fiscal tools, institutional frameworks, and political will.

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