The talk about Ghana's worsening housing deficit may go on for a while because even if houses were built, the larger chunk of the 1.7 million Ghanaians without decent homes cannot afford to buy.
"When you talk about the deficit, they talk as if, if you were to build them now all those people can take them... if I had the technology that could reduce my properties by 30 per cent, okay, and you gave me 10 million dollars to go and build speculatively for the market, I will not touch it, I won't do it," says Harry Quartey, Chief Executive Officer of Emerald Properties.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article