P kelley slides-for_mcs

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P kelley slides-for_mcs

  1. 1. Global urban and rural Populations in billions (2007 and 2050) UN Dept. of Economic and Social Affairs 9 8 7 6 Urban less developed 5 Urban industrailized 4 Rural 3 2 1 0 2007 2050
  2. 2. Cities of over 5 million inhabitants (1950, 2000, and 2015) United Nations Organization, F. Lamiont
  3. 3. Slums/Informal Settlements • 970 million people live in slums as of 2005 • More than 70% of urban dwellers in Africa live in slums • 270 million urban residents in south and central Asia live in slums • It is projected that if urban poverty rises at the same pace, nearly 2 billion people would be in slums by 2030 12/12/2011 4
  4. 4. Tenure Security 12/12/2011 5
  5. 5. Value Chain Shelter 12/12/2011 6
  6. 6. Housing at the Base of the Pyramid BOP demand for housing Income Distribution Formal Informal income Informal Upper & Middle class Poor National Poverty Line Very poor $2/day Extreme poverty $1/day 12/12/2011 Formal title • Two-thirds of the world’s population in lower income countries live in substandard shelter • 70% of the world’s population access shelter through “progressive housing” (Ferguson. 2003) • BOP spends more than $330 bn annually on housing (WRI 2007) • Over 20% of microenterprise loans commonly are used for housing • Mortgage finance as a share of GDP is very low in many developing countries (Brazil 2%, Indonesia 3%, Bolivia 8.6%, against 79% US, 43% EU – Ferguson 2010) 7

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