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| Document Type: | General |
| Publish Date: | 21/11/2014 |
| Primary Author: | Zaigham Mahmood Rizvi |
| Edited By: | Suneela Farooqi |
| Published By: | Asia-Pacific Union for Housing Finance (APUHF) |
This presentation is based on Urban growth rates are highest in the developing world, which absorbs an average of 5 million new urban residents every month and is responsible for 95 per cent of the world’s urban population growth. Factors contributing to urban migration are: greater economic growth, rising income levels, employment opportunities in the cities, occupational shift from agriculture to manufacturing and services, and changing attitudes towards consumption and life style. Changing family culture and shrinking household size.