High prices for rentals in Accra

The number of people living in Accra is thought to be at least eight million. Official statistics say the population grew from 2.9 million in 2000 to four million in 2010 as a result of people flocking to the capital in search of better work prospects.

The city’s housing deficit makes it tough for residents to find affordable rentals.

As Inter Press Services reports: “With a growing population and a lack of housing to meet the demand, Accra’s rental market is not a level playing field. The majority of renters struggle to keep up with the pace as they try to scrape together hundreds of dollars in rent to secure a roof over their heads.”

“The country has a housing deficit of approximately 1.5 to 1.7 million units. And in a city with a lack of decent accommodation available for rent, it is a homeowners market.”

Read the full story at Inter Press Service.

Photo by Wikimedia Commons.

 

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