Current conditions in the local housing market keep about 65% of the country’s population from being able to own property in Namibia, while the chances of lower-income citizens ever owning urban land and developing its asset value, are virtually nil.
This, according to John Mendelsohn, Director at Research and Information Services of Namibia (RAISON), who shared his expert views on the social and economic benefits of property ownership and access to formal housing, at a breakfast meeting co-hosted between the Economic Association of Namibia (EAN) and the Hanns Seidel Foundation. Read more about Govt limited land supply
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