Housing for inclusive cities

Urban housing is a challenge for many of the world’s business capitals as a result of large-scale population growth. It is also increasingly a challenge for businesses operating in these cities, who are experiencing difficulties recruiting and retaining talent due to rising housing costs and supply shortages.

Research

Independent research on the economic cost of urban housing shortages across 15 focal cities

Employee survey

Global housing survey investigating the issue from the employee perspective

Synthesis

Synthesis, case studies and local dialogues

Our work focused on the impact of the housing crisis on the ability of businesses to attract and retain talent, investigating the correlation between housing supply and economic competitiveness, and exploring initiatives to address the issue.

Research

Independent research on the economic cost of urban housing shortages across 15 focal cities

Employee survey

Global housing survey investigating the issue from the employee perspective

Synthesis

Synthesis, case studies and local dialogues

Urban housing is a challenge affecting many of today’s global business capitals. It is a challenge for people who live in cities; for city governments working to keep their cities inclusive for citizens and competitive for business; and for businesses, who are increasingly experiencing difficulties recruiting and retaining talent.

With the support of our Alliance Partners – AECOM, Arcadis, King & Wood Mallesons, JLL and PwC, our work focused on housing for mid-tier, globally mobile workers (in both public and private sectors), who are increasingly being squeezed out of the city housing market.

In the first two years of operations, we identified the economic impact of high housing costs in a global study and explored how leading cities are working with business to solve housing challenges. We also conducted a global workforce survey to get a first-hand perspective on how this affects employees in different cities around the world.

This work provided a great opportunity for businesses and cities to better understand the impact of housing on their competitiveness, as well as creating a forum for both sides to have an open dialogue and share best practice on public–private initiatives which have helped tackle the housing challenge.

Highlights