The 2024 Revised Ghana Housing Profile launched by the Ministry of Works and Housing in collaboration with UN-Habitat and the United Nations Office for Project Services (UNOPS) has revealed that only one percent of households in Ghana can afford a decent home.
At the launch of the event at the Alisa Hotel in Accra, Professor of urban planning and current head of the Department of Planning at the Kwame Nkrumah University of Science & Technology, Clifford Amoako revealed that 1% of Ghanaian households can afford decent homes that are provided by the formal sector, that is, real estate developers.
He further noted that 11% of expensive houses procured by people have been left largely empty while the housing deficit decreased from 2.8 million to 1.8 million over 10 years, reflecting a reduction of 1 million units.
The report was compiled using data from the Ghana Statistical Service (GSS) and focused on the key issues affecting housing in Ghana and how to resolve them.
Meanwhile, according to the Ministry of Works and Housing, a decent home must be situated in a safe environment, must have adequate space for all populace, be secure against forced eviction, be free from hazards, and have access to basic needs such as water, electricity, and sanitation facilities.
