EMBAR

Author:
Philamer Pedria
Associate Dean, College of Arts and Sciences, NONESCOST Department Head, AB English Language Studies Program, NONESCOST, Philippines

Published Date: 24-Aug, 2024

Keywords: Economic inequality, housing crises, COVID-19, affordable housing, policy reforms.

Abstract:
The relationship between economic inequality and housing crises has been a significant concern globally, exacerbated by the COVID-19 pandemic. This paper explores the deepening divide between the wealthy and the poor, particularly in the context of housing affordability and availability. The pandemic has highlighted the precarious nature of housing security, especially for low-income families, leading to increased rates of eviction and homelessness. By analyzing the interconnectedness of economic inequality and housing crises, this study proposes both short-term and long-term solutions to mitigate these challenges. The solutions include policy reforms, such as progressive taxation and the development of affordable housing, as well as economic inclusion initiatives aimed at bridging income gaps. The paper also examines successful case studies from different regions, demonstrating how targeted policies can address both economic inequality and housing crises effectively. The findings underscore the need for a coordinated and sustained effort to ensure equitable access to housing and economic opportunities in a post-pandemic world.

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