Housing is foundational to tackling inequality & speeding sustainable development.
Yet, more than 3 billion people lack access to adequate housing.
I urge cities everywhere to invest in adequate housing for all, so that everyone has a place to call home.
HOUSING AND FOOD CONSUME NEARLY HALF OF US HOUSEHOLD SPENDING — 15-YEAR HIGH
Housing and food accounted for 46.9% of US household spending in 2025, the highest combined share in 15 years, according to BLS data.
🔸 Housing: 33.9% of total spending, the highest share since 2010 excluding the pandemic year.
🔸 Food: 13%, the highest share since 2011, with annual spending rising 4.6% to $10,633.
🔸 Combined costs: Up $1,988 per household from 2024.
Meanwhile, average pretax income rose 6.4% to $110,847, outpacing inflation and overall spending growth.
Housing Secretary Angela Rayner denied that Andy Burnham is reopening the Brexit debate by reconsidering a key manifesto pledge to rule out freedom of movement with the European Union
Housing activists in Barcelona seized a mostly empty building to house vulnerable families and create a community hub. Shortly afterwards, Catalan police evicted 19 activists within hours. Protests over soaring rents and evictions have been on the rise across Spain.
Housing outran wages, savings accounts lost ground to inflation, and many investors turned to digital assets to build wealth on their own terms.
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