Caribbean, Latin America face housing deficit, says IDB

WASHINGTON, United States (CMC) – The Inter-American Development Bank (IDB) says Latin America and the Caribbean continue to face a significant housing deficit, with most of the problem linked to poor housing conditions rather than an outright shortage of homes.

The Washington-based institution said a new study found that 78 per cent of the region’s housing deficit is associated with inadequate conditions, overcrowding, insecure tenure, lack of basic services and poor urban connectivity.

The findings were highlighted at the Fourth Regional Housing Forum 2026, which brought together more than 3,500 government officials, business leaders, experts and representatives of international organisations, both in person and virtually.