Impact SEA

Reimagining the Housing Industry - Prasoon Kumar, BillionBricks

December 21, 2020 TRIVE Venture Capital Season 1 Episode 18
Impact SEA
Reimagining the Housing Industry - Prasoon Kumar, BillionBricks
Show Notes

Do you have a home? If you do, you’re luckier than more than one billion people in the world without a roof over their heads.


In spite of all the advancements of the modern world, there are still more than one billion people  without a home; a number set to double by 2030. 


In fact, according to the World Bank, in Southeast Asia alone, more than 37% of Southeast Asia’s urban population lives in slums and poor living conditions. 


However, how accurately can we determine the level of homelessness? According to the Homelessness World Cup Foundation, it isn’t as easy as we thought. Getting an accurate picture of global homelessness is one of the biggest challenges as census data often fails to include those who may be residing in inadequate settlements such as slums, squatting in structures not intended for housing, couch surfing with friends and family, and those who relocate frequently. 


Furthermore, the problem of homelessness is extremely unique for each country - there’s no one size fits all solution. Size, region or economic strength, all come into play when designing a solution for homelessness. 


With such large problems with data collection, how then can we effectively tackle the problem of homelessness? What are some practical steps that have been taken to resolve the housing crisis in Southeast Asia?


To answer these questions, I speak to Prasoon Kumar, Co-Founder and CEO, BillionBricks, for his expert insights and some of the innovative solutions of this growing housing crisis.