Strategies to Increase the Affordability of Publically Built Houses to Lower and Middle Income Households in Dessie Town, Ethiopia
Keywords:
condominium house, affordability, down payment, periodic payment, completion cost, strategies
Abstract
The provision of affordable housing is a challenge in Ethiopia which is urbanizing fast. Hence, integrated housing development program is being undertaken on affording house to lower and middle income as one objective. This study, therefore, was conducted to forward strategies to increase affordability of publically built houses particularly Dessie town condominium houses to lower and middle income groups. Data were collected randomly from 550 respondents who have condominium house and who don't have yet but wants to acquire it. The condominium house form of installment payments are the most constraint factor for the households to purchase a condominium house. Actions in all those constraints increase affordability of condominium houses to lower and middle income group.
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References
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Published
2016-01-07
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