Kiosk Estates are springing up across Ghana's major cities in light of high rent charges and the unregulated nature of Ghana's property rental market. This phenomenon has been on the ascendency over the decades but there seems to be no hope in sight. Hundreds of thousands of these slum dwellers, some of which Rentchamber had conversations with, are hard-working citizens who deserve better accommodation....
by Rentchamber Housing finance whether public, corporate or end-user has various levels of accessibility to Ghanaians. The government, in national, regional and local forms, has sought to strengthen domestic revenue mobilisation to sustain infrastructure investments, including those for housing. Beyond this supply-driven residential development initiative, the government, through the Ministry for Water Resources, Works...
Ghana has a growing housing finance sector. As the mortgage market does not yet meet the breadth of the population who might afford a mortgage, most households still finance their housing independently, with savings or non-mortgage credit. The lowest recorded interest rate on a mortgage in Ghana is 29 percent, and requires at least a 20 percent down payment. The cheapest newly built house by a developer...