GlobalSigmaTech is Helping to Solve The Global Housing Crisis

GlobalSigmaTech is committed to helping relieve the global housing problem with our state of the art product SIGMAKIT™.

global housing crisis

Social Housing Needs

Currently, worldwide, over a billion people live in slums. The UN recently identified the shift from rural to urban dwelling as the defining issue of the 21st century.

Some 330 million urban households worldwide currently live in substandard housing or are financially stretched because of housing costs. In the developing world, 200 million households are located in slums; in developed countries like the U.S., the EU, and Japan, more than 60 million are financially stretched.

The gap is growing. The report estimates that by 2025, 440 million urban households or as many as 1.6 billion individuals worldwide will face crowded, substandard housing.

A modern, industrial approach to housing construction and delivery is needed to build housing quickly, efficiently, inexpensively, and in a scalable fashion like Sigmakit™ system. Methods like these have helped slash costs by 30 percent and delivery times by up to 50 percent. While the building industry can take the lead, governments also play a key role in encouraging industrial construction through public procurement efforts, uniform building codes, and design standardization guidelines, which encourage innovation in construction and building materials.

The stress of a poor living situation can negatively affect child development and the ability to learn. Lack of housing for teachers creates an imbalance of  educational opportunity for children in rural areas in developing countries. Social and cultural barriers deny children from slums the opportunity to receive an education. Many children never receive any formal education and few complete a primary education.

Today, a billion people, 32 percent of the global urban population, live in urban slums. If no serious action is taken, the United Nations reports that the number of slum dwellers worldwide will increase to nearly 2 billion over the next 30 years.

In the United States alone, 95 million people, one third of the nation, experience housing problems including payments that are too large as a percentage of their income, overcrowding, poor quality shelter, and homelessness. Throughout the world, people live in inadequate housing, GlobalSigmaTech  is dedicated to providing decent, affordable homes for all those in need.

Affordable, decent housing is one of our most basic human needs, yet it is in alarmingly short supply in our very own neighborhoods, our nation and throughout the world.

GlobalSigmaTech…committed to helping solve the Global Housing Crisis.

 

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