{"id":88647,"date":"2022-09-13T15:51:30","date_gmt":"2022-09-13T10:51:30","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=88647"},"modified":"2022-09-13T15:51:31","modified_gmt":"2022-09-13T10:51:31","slug":"wb-housing-poverty-pakistan","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/wb-housing-poverty-pakistan.html","title":{"rendered":"WB reports increasing \u2018Housing Poverty\u2019 in Pakistan"},"content":{"rendered":"\n<p>Islamabad: The World Bank (WB), in its latest report, has estimated that more than one in every three urban Pakistanis suffers from \u2018housing poverty\u2019 due to the absence of proper housing policy, news sources reported on September 11. The report has catagorised the national population into two primary groups; those confronting housing insecurity and those facing widespread housing poverty.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/finance-low-cost-housing-units-usd-3-8bn.html\" data-type=\"post\" data-id=\"87929\" target=\"_blank\" rel=\"noreferrer noopener\">\u2018Finance for low-cost housing units can generate USD 3.8bn, serve 0.5 mn Pakistanis\u2019<\/a><\/p>\n\n\n\n<p>In a report titled \u2018Behind on Rent or Left Behind: Measuring Housing Poverty in Urban Pakistan\u2019, released on Friday (September 09), the global bank estimated that the disparity between urban and rural housing is even more alarming since the affordability and income have shrunk during the recent time. According to the survey, the following estimates of housing insecurity versus housing poverty have emerged:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Province&nbsp;<\/strong><\/td><td><strong>Housing insecurity&nbsp;<\/strong><\/td><td><strong>Housing poverty&nbsp;<\/strong><\/td><\/tr><tr><td>Punjab&nbsp;<\/td><td>35.8%<\/td><td>25.8%<\/td><\/tr><tr><td>KP<\/td><td>42.2%<\/td><td>23.6%<\/td><\/tr><tr><td>Balochistan&nbsp;<\/td><td>37.1%<\/td><td>59.8%<\/td><\/tr><tr><td>Sindh&nbsp;<\/td><td>45.3%<\/td><td>34%<\/td><\/tr><\/tbody><\/table><figcaption>Source Dawn E-papaer <\/figcaption><\/figure>\n\n\n\n<p>According to World Bank research, the non-housing poverty line in urban Pakistan is predicted to be PKR 3,716 per adult equivalent per month in 2018-19. In other words, a family of five with three children needs at least PKR 16,350 per month after paying for housing to be deemed to be living in affordable accommodation. The WB deemed the situation dire related to housing as the population <a href=\"https:\/\/www.zameen.com\/news\/sbp-jacks-interest-rate-125-points-high.html\" data-type=\"post\" data-id=\"87234\">size and inflation increased<\/a> in Pakistan.\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/phata-housing-society-nphp-rawalpindi.html\" data-type=\"post\" data-id=\"88499\" target=\"_blank\" rel=\"noreferrer noopener\">PHATA approves housing society under NPHP in Rawalpindi<\/a><\/p>\n\n\n\n<p>It is pertinent to mention that the government announced <a href=\"https:\/\/www.zameen.com\/news\/nphp-mehmood-work-expedited.html\" data-type=\"post\" data-id=\"83378\" target=\"_blank\" rel=\"noreferrer noopener\">Naya Pakistan Housing Programme (NPHP)<\/a> in 2019 to address the housing crisis in the country. Currently, under the government scheme, banks are allowed to approve mortgage loans for 20 years to increase the housing sector in the country.\u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The World Bank (WB), in its latest report, has estimated that more than one in every three urban Pakistanis suffers from \u2018housing poverty\u2019 due to the absence of proper housing policy, news sources reported on September 11. The report has catagorised the national population into two primary groups; those confronting housing insecurity and those facing widespread housing poverty. Read: \u2018Finance for low-cost housing units can generate USD 3.8bn, serve 0.5 mn Pakistanis\u2019 In a report titled \u2018Behind on Rent or Left Behind: Measuring Housing Poverty in Urban Pakistan\u2019, released on Friday (September 09), the global bank estimated that the disparity between urban and rural housing is even more alarming since the affordability and income have shrunk during the recent time. According to the survey, the following estimates of housing insecurity versus housing poverty have emerged: Province&nbsp; Housing insecurity&nbsp; Housing poverty&nbsp; Punjab&nbsp; 35.8% 25.8% KP 42.2% 23.6% Balochistan&nbsp; 37.1% 59.8% Sindh&nbsp; 45.3% 34% Source Dawn E-papaer According to World Bank research, the non-housing poverty line in urban Pakistan is predicted to be PKR 3,716 per adult equivalent per month in 2018-19. In other words, a family of five with three children needs at least PKR 16,350 per month after paying&hellip;<\/p>\n","protected":false},"author":84,"featured_media":61439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[54047,15029,54048],"persona":[],"class_list":{"0":"post-88647","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-housing-poverty-pakistan","9":"tag-naya-pakistan-housing-scheme","10":"tag-nphp-scheme","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>WB reports increasing \u2018Housing Poverty\u2019 in Pakistan - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The World Bank (WB), in its latest report, has estimated that more than one in every three urban Pakistanis suffers from \u2018housing poverty\u2019 due\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/wb-housing-poverty-pakistan.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WB reports increasing \u2018Housing Poverty\u2019 in Pakistan - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The World Bank (WB), in its latest report, has estimated that more than one in every three urban Pakistanis suffers from \u2018housing poverty\u2019 due\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/wb-housing-poverty-pakistan.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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