The Inter-American Development Bank has highlighted a significant housing deficit across Latin America and the Caribbean.
According to the bank, much of the challenge involves inadequate housing conditions rather than simply a shortage of available homes.
Poor-quality housing can expose families to unsafe structures, overcrowding and inadequate access to essential services.
Across the Caribbean, housing affordability is a concern for households facing high construction costs and limited access to financing.
The issue is particularly important in countries vulnerable to hurricanes, flooding and other natural hazards, where homes must also be designed to withstand severe weather.
Addressing the housing deficit will require investment, effective planning and policies that help households access safe and affordable homes.
