In tackling the essential role of governments in delivering housing, a speakers’ panel at the Jeddah Economic Forum (JEF) yesterday emphasized the need for government intervention and monitoring.
However, experts cautioned that governments are not solely responsible for the daunting task of providing affordable housing and require the cooperation of both the private and banking sectors.
Conveying the Irish experience and lessons learned, Jan O’Sullivan, minister of housing and planning, said the Irish government has established regulatory bodies for planning, implementing and monitoring public housing.
“Governments have an essential role in resolving the housing crisis and pushing the private sector to provide low-cost housing,” she said.
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