Affordable Housing: Advantageous To All Sections Of Society

A home is a place where we relax after a hard day's work and hence it is referred to as home sweet home

. It is a place where you live your entire life, raise your dearest ones, share time with your loved ones, have friends visiting you and also build your dreams.

It indeed is a matter of pride to own a home. If you have a transferable job wherein you have to move from one place to another, pay for rent, groceries, and the safety of your family, then paying for a home can really take a toll on your finances.

This is where the concept of affordable housing plays an important role. The benefits of such housing are passed on to the community, residents, as well as developers. A community is greatly benefited by this housing scheme as it helps dynamic local communities.

It extends housing facilities to the local workforce. There is increase in the demand for goods, which means that there is increase in employment opportunities.

People with different skills like bus drivers, cleaners, teachers, nurses and construction workers, are some of the people who are at an advantage. The cost of housing is affordable and hence the people are able to meet health and education costs.

They are greatly benefited because these homes are well within their budget as compared to the ones that are for sale in the private market.

The residents have money left with them to cater to the other basic requirements like food, health, clothing and education. The Government extends benefits to developers by way of offering financial incentives. Houses and property are built close to the centre of employment, which means there are chances of a strong labour force and a better economy.

The affordable housing scheme is very similar to any other housing scheme. There are freestanding buildings, terraced houses, low rise apartments or high rise apartments. It is one type of residential development which includes both social housing as well as private housing. The Government is aiming at planned growth so that the right steps can be taken to link housing as well as employment. This would help in solving economic as well as environmental issues and one can lead a life of quality.

The Government has taken the initiative of providing such housing to people and consider affordable housing as an investment instead of an expense, as it helps in the growth, stability and development of an economy. The impact of affordable and stable housing in the lives of people cannot be measured. For many of us, owning our home is a matter of prestige and self respect.

This scheme has indeed brought a sense of home and put a smile on everyone's face and is indeed, a matter to rejoice about. Couples who have just married can now devote their finances to starting a family. People who have lost their jobs can now manage better as they are now burdened with the increasing costs of housing and can try for better jobs peacefully.

With the right kind of investments going into affordable housing, families can now have secure and affordable homes.

by: Lawrence White

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