Housing and Urbanization in Africa: unleashing a formal market process
AbstractIn many African countries a market for private provision of formal sector mass housing is largely absent. This is not inevitable, but is the consequence of policy failure surrounding five key issues. The affordability of housing, with costs often inflated by inappropriate building regulations and inefficient construction sectors; lack of clarity in land titling and legal enforcement; lack of innovation in supply of housing finance; failure to supply supporting infrastructure and to capture development gains to finance this; and failure to plan cities in a manner conducive to employment creation. Since responsibility for these policies is divided between different parts of government, a coordinated push is needed to secure reform and activate this market.
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Bibliographic InfoPaper provided by Centre for the Study of African Economies, University of Oxford in its series CSAE Working Paper Series with number 2013-01.
Date of creation: 2013
Date of revision:
Other versions of this item:
- Collier, Paul & Venables, Anthony J., 2014. "Housing and urbanization in Africa : unleashing a formal market process," Policy Research Working Paper Series 6871, The World Bank.
- Paul Collier & Tony Venables, 2013. "Housing and Urbanization in Africa: unleashing a formal market process," Economics Series Working Papers WPS/2013-01, University of Oxford, Department of Economics.
- NEP-AFR-2013-01-26 (Africa)
- NEP-ALL-2013-01-26 (All new papers)
- NEP-DEV-2013-01-26 (Development)
- NEP-IUE-2013-01-26 (Informal & Underground Economics)
- NEP-URE-2013-01-26 (Urban & Real Estate Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Robert M. Buckley & Jerry Kalarickal, 2005. "Housing Policy in Developing Countries: Conjectures and Refutations," World Bank Research Observer, World Bank Group, vol. 20(2), pages 233-257.
- Stephen Malpezzi & J. Sa-Aadu, 1996. "What Have African Housing Policies Wrought?," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 24(2), pages 133-160.
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