President Nana Addo Dankwa Akufo-Addo has stated that house prices in Ghana are high.
As a result, he has asked members of the Ghana Chamber of Construction Industry to come up with creative ways to ensure that the country builds cheaper houses for its citizens, noting that housing in Ghana has become largely a monopoly of the wealthy.
Mr Akufo-Addo stated at a meeting with members of the Ghana Chamber of Construction that there is a need for collaboration between the government and the private sector to address Ghana’s housing deficit.
“I’ve heard that a small three-bedroom house in East Legon in Ghana costs between $354,000 and $500,000.” In many parts of America, that gets you a mansion. Because the materials used for construction in the UK are local and very cheap, you can get a very well-appointed home for between $100,000 and $200,000.”
“We need to figure out how to build strong and inexpensive houses in the country,” he added.
Meanwhile, the Ghanaian government is prioritizing access to affordable housing.
The Ghana Statistical Service released the final five volumes of the 2021 Population and Housing Census (PHC) at the Accra International Conference Centre on Thursday, February 24, 2022. Mrs. Cecilia, Minister of Sanitation and Water Resources, co-chaired the release.
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The Ghana Statistical Service released the final five volumes of the 2021 Population and Housing Census (PHC) at the Accra International Conference Centre on Thursday, February 24, 2022. The release was co-chaired by Mrs. Cecilia Abena Dapaah, Minister of Sanitation and Water Resources, and Francis Asenso-Boakye (MP), Minister of Works and Housing, whose sector statistics were presented in three of the five reports released.
According to Francis Asenso-Boakye, “the Ministry of Works and Housing will continue to collaborate with the Statistical Service on the production of analytical reports that will seek to answer policy-relevant research questions for the housing sector.” He also stated that “the Government of Ghana prioritizes access to affordable housing for Ghanaians.” In this regard, he urged the private sector to use this rich data for decision-making in order to better serve the population’s housing needs.”
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