It's a shame that the houses in Ghana cost more than houses in the southern part of the United States and they all have running water and current lights you can buy a 5 bedroom 2 bath home in the southern part of the us for 1 ... read full comment
It's a shame that the houses in Ghana cost more than houses in the southern part of the United States and they all have running water and current lights you can buy a 5 bedroom 2 bath home in the southern part of the us for 150,000 US dollars
Paul Muhammad 6 years ago
That is the smartest thing to do because there is no way the average Ghanaian can afford to buy
That is the smartest thing to do because there is no way the average Ghanaian can afford to buy
ABU IDDRISU 8 years ago
You are spot on Brother Atsu. The other significant reality is that only expatriates are capable of paying these dollar charged rents. Any Ghanaian will prudently build and own his own house at a reasonable cost.
The housing ... read full comment
You are spot on Brother Atsu. The other significant reality is that only expatriates are capable of paying these dollar charged rents. Any Ghanaian will prudently build and own his own house at a reasonable cost.
The housing melt down is inevitable as the economy is taking a nose dive.
Speculations of drug barons buying these houses are rife in some quarters which is still sustaining a chunk of the real estate patronage. only time will tell when this illicit trade is going to continue funding these projects.
gogomi 8 years ago
The expatriate - or lets say, the imaginary middle-class in Ghana are just a bunch of international drug-dealers, agents of corrupt foreign investors, money launderers and corrupt political exiles. These are the kind of chara ... read full comment
The expatriate - or lets say, the imaginary middle-class in Ghana are just a bunch of international drug-dealers, agents of corrupt foreign investors, money launderers and corrupt political exiles. These are the kind of characters that present the mirage of success to the 'real estate' industry.
They will certainly not want to invest in the lower end of the estate development business because they will not be able to turn-around their ill-gotten capital fast enough to make it meaningful or profitable. Greed and corruption is the name of the game and actually, on a normal day, these foreign investors are not interested in small economies who cannot even pay $180 million for their energy bills - well of course and unless there is a lot of elbow room for friendly corruption there too.
At any time that Ghana will be lucky to get an honest dedicated and visionary govt, these people will melt into oblivion like thin ice - and with it, the mirage of luxury apartments in a woefully under-developed economy. Looking at the boiling temperature of the masses, this should not be long in coming.
Readers should note that the name of the writer of the above article is Tsikata. Does that ring a bell?
God's Son 8 years ago
You're reasonings are highly incoherent buddy! One on hand you seem to agree with the article; but on the other hand you calling him "a dreamer." And what's his surname got to do with this? What bell does or should it ring? G ... read full comment
You're reasonings are highly incoherent buddy! One on hand you seem to agree with the article; but on the other hand you calling him "a dreamer." And what's his surname got to do with this? What bell does or should it ring? Get real!
God's Son 8 years ago
*Your
*Your
Orleans-mensah Charles 8 years ago
I entirely associate myself with the content herein. The game players of the industry are only targeting the dollar market leaving the multitude of civil servants including teachers, nurses an
d low income earners to struggl ... read full comment
I entirely associate myself with the content herein. The game players of the industry are only targeting the dollar market leaving the multitude of civil servants including teachers, nurses an
d low income earners to struggle on their own. It is on this premise that I commend the management of ASN property for their building policy. It laudable and only prudent to have in investment in the long run.
And I believe brokers are also the problem because most of these Guys want to abnormal profit to line their pocket as opposed to the actual market price.
Well said peter, they have to act smart!
It's a shame that the houses in Ghana cost more than houses in the southern part of the United States and they all have running water and current lights you can buy a 5 bedroom 2 bath home in the southern part of the us for 1 ...
read full comment
That is the smartest thing to do because there is no way the average Ghanaian can afford to buy
You are spot on Brother Atsu. The other significant reality is that only expatriates are capable of paying these dollar charged rents. Any Ghanaian will prudently build and own his own house at a reasonable cost.
The housing ...
read full comment
The expatriate - or lets say, the imaginary middle-class in Ghana are just a bunch of international drug-dealers, agents of corrupt foreign investors, money launderers and corrupt political exiles. These are the kind of chara ...
read full comment
You're reasonings are highly incoherent buddy! One on hand you seem to agree with the article; but on the other hand you calling him "a dreamer." And what's his surname got to do with this? What bell does or should it ring? G ...
read full comment
*Your
I entirely associate myself with the content herein. The game players of the industry are only targeting the dollar market leaving the multitude of civil servants including teachers, nurses an
d low income earners to struggl ...
read full comment