Serviced site: A solution?

Abstract

Up until the late 1960s housing was considered by most classic economists to be a sure way of helping the na­tional economy to grind to a halt. Since then the World Bank, IMF and economists have come to accept hous­ing by the public sector as a vital, albeit long term investment, which has got to be made. Various forms of housing have since been tried, ranging from completed units, to core houses, to serviced sites. The site and service option seems to have won the day, by becoming the form preferred by the state in virtually all developing na­tions.