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The Future of Housing/The Future of Cities, Business and Industry Trends Analysis

One thing is clear for the future:  in a world that is forecast to grow in population from around 8 billion in 2023 to 9.5+ billion in 2050, the Earth’s biggest metropolitan areas will be under intense pressure to provide services and housing that will meet ever-changing needs of residents and businesses.  Infrastructure investment will be needed in massive amounts for improvement and replacement of water, sewer, transportation and other public service systems.  Many city planners are assuming that there is a practical limit to the growth of giant cities.  In China and India, for example, vast migration from low-income rural areas to cities with better economic prospects has created stellar growth in the largest cities.  The result, in many cases, has been traffic congestion and unbearable air pollution.
China is attempting to control this growth by creating entirely new population centers.  Part of the plan is the eventual creation of one massive population center out of a nine-city region in the Pearl River Delta, in Southern China.  Infrastructure investment, such as high-speed railways, will be continued in a way that will encourage growth in several regions of the nation, including remote areas.  Beijing itself will be the economic center of an 82,000-square-mile megaregion called Jing-Jin-Ji that will eventually hold 130 million people.


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