The Executive Secretary of Ghana Real Estate Developers Association (GREDA) Samuel Amegayibor has disclosed that many of the real estate houses being constructed in Ghana are not being purchased because Ghanaians can’t afford them.
The disclosure comes on the back of a survey conducted by GREDA which concluded that Ghanaians who earn less than GHC4000.00 a month cannot own a one-bedroom house in their lifetime.
The survey also noted 85% of Ghanaians cannot afford the so called affordable housing units being advocated by the government.
Speaking on Morning Starr Tuesday, Mr. Amegayibor said the country has failed to deal appropriately with housing challenges over the years.
“In Ghana, we have over emphasized on owning houses and that is becoming a burden to some. Most Ghanaians cannot afford to buy houses. When you speak to real estate developers, you’ll get to understand that most of the houses are not sold because people cannot afford to buy them. We’ve been having housing deficits a long time ago. We have been unable to control it,” he said.
For his part, the chairman of the housing committee in Parliament Nana Amoako said there is the need for Ghana to learn from the experiences of other countries in order to deal with its housing issues.
“As a government, we can’t build houses for everybody but government can set up schemes that will make it easier to address the rent issues in this country. Looking at how the housing scheme is regulated in other countries…we should be able to do same. If you compare the rental issues from outside to ours, you’ll notice that outside, rent is taken for two months in some cases… not more than two months advance. We all have to sit down and look at this whole housing accommodation issue once again”.
Source: starrfmonline
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It's only the rich who can buy such house You expect the average Ghanaian whose net income is GH¢800.00. Why wont people be corrupt in the country? Why wont people still money from institutions to also buy such houses? I will advice that more 2 bedroom apartment be built for we the low income earners to also afford.They should do a proper survey to know the percentage of people who earn a net salary less than GH¢ 1000.00 in Ghana
So sad it has taken you decades to realise this problem!!! You want an average Ghanaian earning btn GHC 1000- GHC2000 to buy $150000 house. How possible. And what intrigues me is our so called mortgage system.Tweaaa!!!
In this country call Ghana, there is nothing like affordable houses. Government officials only talk affordable houses because they will turn to own the houses and then rent the house to middle class people to make money for themselves. Which government flat can someone who earns a minimum wage in this country rent? When it comes to housing issues in this country, low earning people like us should just forget it. No matter what the government will say concerning housing, forget it. It is only in their interest. Listening to the deputy minister for housing on radio tells me clearly that, they don't even have a plan for low earning workers like us. No plan No vision.
sometimes this stories a very annoyed, Ghanaian leaders should pay more attention to our housing system, Government should provide house for it citizens my building a good portable communities, so the people can hired room and live in comfortable peace, even populations is some of the cities in china is far bigger than the total population in Ghana, so Ghana leaders want to tell as they travel for nothing,..they travel and come home empty head. is very pity to live in Ghana now, SO THIS PEOPLE THEY CALLED THEM SELFS LAW MAKERS HAVE FORGET THAT BEFOR ONE CAN ACHIEVE SELF ACTUALIZATION HE OR SHE NEEDS FOOD AND SHELTER, Ghanaians leaders don't have good heart because they sleep under mansions