Milan may not be Italy’s capital city, but it stands out as being the most expensive in terms of housing. According to a report by Italian real estate brokerage Tecnocasa Group, if you want to buy a property in Milan, you need the equivalent of 166 Italian salaries. The average Italian spends 13 years paying off their mortgage, after setting aside money for other necessities.
Over the decades, Milan has transformed from a working-class area to a cultural and economic hub. However, that transformation has come with some serious consequences. Renovated buildings and a more mixed population has regenerated some neighbourhoods and gentrified others, causing house prices to soar and making Milan unaffordable for those in weaker economic and social circumstances.
Buildner architecture competitions is launching its 15th affordable housing competition – “The Milan Affordable Housing Challenge” – tasking architects and designers with creating a concept for affordable housing that can be adapted and located throughout the city. Participants should consider designs that are flexible enough to accommodate different sizes for various inhabitants (families, single professionals, couples, etc) and their varying requirements.
As there are no specific requirements, participants of the Milan Affordable Housing Challenge are encouraged to be as creative as possible in the solutions they design, challenging typical ideas of housing, design, and the community at large, while at the same time maintaining a practical element that could potentially see these designs realized.