Business › Business Features       29.01.2018

Ghana’s Housing Crisis: High Supply Outstrips Low Demand?

At a time that Ghana is grappling with solving her worsening housing deficit, it is emerging that some property developers are also finding difficulty in getting occupants for their properties.

As a result, most of them have begun counting their losses as the continuous delay compounds their interests to be paid on loans contracted from banks.

Statistics available to Citi Business News also indicate that four out of every ten houses are occupied within a year.

In the third of our new series dubbed, Ghana's housing crisis which focuses on the industry’s problems and how they can be solved, Pius Amihere Eduku examines the low occupancy levels among residential properties in the nation's capital.

Click to listen to full audio report .

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