Stakeholders advocate reduction in housing deficit, better mortgage system

Mon Dec 2nd, 2019 - Edo

Edo State Governor, Godwin Obaseki and other critical stakeholders in the real estate sector have advocated a reduction in housing deficit and better mortgage systems for middle-income earners in the country.

They argued that the problem bedeviling the industry is providing affordable housing and mortgages for would-be homeowners.

Giving instances in his state, Obaseki, who said the citizens are lucky to have the whole component required for affordable housing system, however, blamed the real challenges on financing and high-interest rates.




source: Guardian