Finance & Development, March 1966

Finance & Development, March 1966 Synopsis

This paper analyzes how increasing population will impact the lives of people in the world in 2000. It underscores that in 2000, there will be more people, many living in crowded towns, suffering from even greater difficulties of transport and urban sprawl, both upward and outward. The provision of satisfactory housing for the mass of the population will be difficult, because, without subsidy, its construction would demand rentals equal at least to the occupant's annual income, while to subsidize so many tenants would be impossible.