To address the 30 million units the country needs to meet demand In the U.S., nearly two-thirds of renters say they can?t afford to purchase a home. The numbers are just as bleak in the UK, where an affordable housing crisis has left many people worried about housing stability in the future.
One recent report says the country needs to build 30 million new affordable units by 2040 if the housing stock is to keep up with the demand. And Ikea, ever the problem-solving design behemoth, is here to help.

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?Nämen titta!!! Mitt lilla BoKlok hus är på plats .? @ett.litet.hem räknar ner till inflyttningsdagen längre fram i år. Tack för att vi fick dela bilden - och välkommen i BoKlok gänget här på Instagram . ? #boklok #boklokaktrisen #ödåkra #bokloklägenhet #nyproduktion A post shared by BoKlok (@boklok) on Feb 20, 2019 at 5:48am PST
According to The Guardian, BoKlok, an affordable housing company co-owned by Ikea and construction firm Skanska, have been given the go-ahead to develop 162 apartments in Worthington, West Sussex, in the UK. Thirty percent of the properties will go towards affordable housing, while the remainder will be priced according to BoKlok?s ?left to live,? model, which means the company will set housing prices at a rate that leaves owners with enough money left to live on after housing costs.

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