Housing and Urbanization in Africa: unleashing a formal market process
In 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.
|Date of creation:||09 Jan 2013|
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- 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.
- 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.
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