Private legal practitioner and journalist Christ-Vincent Agyapong has called on the government to do something about Ghana’s property market and pricing.
The lawyer says there should be a drastic action to manage the situation before the worst happens.
He compared a property pegged at a price of 3 million in Ghana as compared to property priced at $2.6 million in Carlifornia, USA and $2.9 million in Ontario, Canada, and questioned why the one in Ghana is so expensive.
According to him, “Something, and it must be drastic and now, must be done about the the property market in Ghana—from rent control to prices of properties.
To say it’s ridiculous is an understatement. A necessity of life for many people cannot have its price determined in such an arbitrary way—even against the market forces. This is criminal.
Whenever you want to shock yourself or laugh, just go through property listing in Accra. The humour and price shock are enough to get you to ask questions about the future of your own people.”
Read portions of his post below
That is a 3 million dollar property in Accra, Ghana vrs 2.6 million dollar property in Carlifornia, USA vrs a 2.9 million dollar property in Ontario, Canada.
Something, and it must be drastic and now, must be done about the the property market in Ghana—from rent control to prices of properties.
To say it’s ridiculous is an understatement. A necessity of life for many people cannot have its price determined in such an arbitrary way—even against the market forces. This is criminal.
Whenever you want to shock yourself or laugh, just go through property listing in Accra. The humour and price shock are enough to get you to ask questions about the future of your own people .
People in Accra are paying 500 dollars or more a month for what qualifies as a hen coop—there is nothing human or exiting about this and there is no redemption at sight.
A few people have succeeding in raising the property prices of places which are actually habitable. The other places, said to be cheap, are not really for any decent human being to live—deplorable roads, armed robbers, snakes, no hospitals, no water, poor internet and others.
By the way, with the advent of companies like TapTap Send offering secure, convenient, and free money transfer services, the hustle associated with sending monies from abroad has been completely cut off. You do all the sending on your money and you choose whether you want the recipient to receive the funds via Mobile Money or via their Bank Account.
TapTap Send offers both high exchange rates and does not charge you anything for sending monies abroad.
By: Rainbowradioonline.com
