Confronting the cost-of-living and housing crisis in cities
Cities across the world have been battling a housing crisis in recent decades, with
many residents increasingly struggling to find affordable homes, and broader issues
arising around tackling homelessness, improving housing quality, and harnessing the
role of housing in climate change mitigation. This housing crisis has been exacerbated
by the cost-of-living crisis that saw inflation reach record highs in 2022. City mayors
can take critical action through their powers over housing, land use, and infrastructure.
This paper highlights the systemic issues underlying the housing crisis in cities,
and offers inspiring examples of how cities in OECD countries and beyond have been
addressing these challenges. It aims to inform the 6th Meeting of OECD Champion Mayors
for Inclusive Growth and drive positive change towards more affordable cities and
homes for all.