As the world moves away from an agarian economy, industrialization and new technologies are increasingly drawing more citizens to urban centers. Now in the early 21st century, the mega-city is born. Urbanization, a trend which shows no signs of abating, will remarkably change the way we live, work, and interact in our communities. While we cannot reverse the trend of urbanization, we can shape the cities of the future. Well-planned urbanization combines green mobility solutions, with building innovations that reduce a city’s environmental impact and enable community-building. Urbanization doesn’t have just to be big – it can also be smart.
Rising real estate prices benefit the economy, yet an unchecked boom also leads to unwanted side effects. For some, rising prices simply translate into profits, others see the pitfalls of an unchecked housing market boom. URBAN HUB takes a look at how cities can find a healthy balance.
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