What do you think about Affordable Housing in Nigeria? There are many countries in the world that have resorted to the construction of Affordable Housing to cater for the large population of low income earners. As a result, alternative building materials and methods have been adopted to effectively and efficiently accomplish such projects. It is known that the major challenges facing Affordable Housing in Nigeria are due to the following reasons: 1.Cumbersome and High cost of land authentication processes. 2. High cost of land owing to the high cost of land authentication processes. 3. High cost of building materials. 4. High cost of transportation of building materials to construction site. 5. Lengthy duration in the construction of houses. 6. Shortage of adequate mortgage facilities. 7. High interest rates on loans for construction of housing. Read more here findnigeriaproperty/blog/?p=451
Posted on: Tue, 09 Dec 2014 11:01:42 +0000
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