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What Have African Housing Policies Wrought?

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  • Stephen Malpezzi
  • J. Sa‐Aadu

Abstract

This paper is a review of contemporary African housing markets, particularly the consequences of current housing policies. Overall, we conclude that the resource allocation which results from the current housing policies are quite contrary to their intended objectives. Many of the policies are suspect, both in terms of underlying economic rational and realistic economic achievement. In many respects, these policies have discouraged housing investment, and have been both inequitable and distortional. In rethinking these policies, our prescription is that since the private sector has efficiently provided the majority of the housing in the past, African governments must disengage themselves from direct production of housing. They must deregulate the housing markets and provide the right incentives, so as to realign the risks and rewards of investment in housing and permit private production to flourish.

Suggested Citation

  • 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.
    • Handle: RePEc:bla:reesec:v:24:y:1996:i:2:p:133-160
    DOI: 10.1111/1540-6229.00684
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    References listed on IDEAS

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    1. Malpezzi, S. & Tipple, A.G. & Willis, K.G., 1990. "Costs And Benefits Of Rent Control: A Case Study In Kumasi, Ghana," World Bank - Discussion Papers 74, World Bank.
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    Cited by:

    1. Paul COLLIER, 2012. "Housing and Urbanization in Africa : Unleashing a Formal Market Process," Working Papers P59, FERDI.
    2. Charles Ka Yui Leung & Joe Cho Yiu Ng, 2018. "Macro Aspects of Housing," GRU Working Paper Series GRU_2018_016, City University of Hong Kong, Department of Economics and Finance, Global Research Unit.
    3. Gyourko, Joseph & Molloy, Raven, 2015. "Regulation and Housing Supply," Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 1289-1337, Elsevier.
    4. Karol Boudreaux, 2008. "Urbanisation And Informality In Africa'S Housing Markets," Economic Affairs, Wiley Blackwell, vol. 28(2), pages 17-24, June.
    5. Fox, Sean, 2014. "The Political Economy of Slums: Theory and Evidence from Sub-Saharan Africa," World Development, Elsevier, vol. 54(C), pages 191-203.
    6. Gulyani, Sumila & Talukdar, Debabrata & Bassett, Ellen M., 2018. "A sharing economy? Unpacking demand and living conditions in the urban housing market in Kenya," World Development, Elsevier, vol. 109(C), pages 57-72.
    7. Paul Collier & Anthony J. Venables, 2013. "Housing and Urbanization in Africa: unleashing a formal market process," CSAE Working Paper Series 2013-01, Centre for the Study of African Economies, University of Oxford.
    8. Filali, Radhouane, 2008. "Analyse des conditions de l'habitat en Tunisie: une approche par la statistique multivariée [Housing condition analysis in Tunisia: A multivariate approach]," MPRA Paper 12196, University Library of Munich, Germany.
    9. Ben C. Arimah, 2000. "Housing-sector Performance in Global Perspective: A Cross-city Investigation," Urban Studies, Urban Studies Journal Limited, vol. 37(13), pages 2551-2579, December.
    10. Sumila Gulyani & Ellen M. Bassett & Debabrata Talukdar, 2012. "Living Conditions, Rents, and Their Determinants in the Slums of Nairobi and Dakar," Land Economics, University of Wisconsin Press, vol. 88(2), pages 251-274.
    11. Paul COLLIER, 2012. "Housing and Urbanization in Africa : Unleashing a Formal Market Process," Working Papers P59, FERDI.

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