# Why more investment is not making housing affordable in Ghana

- URL: https://talkfuse.com/story/why-more-investment-is-not-making-housing-affordable-in-ghana/
- Published: 2026-11-05T11:42:29+00:00
- Updated: 2026-11-05T12:37:29+00:00
- Original publisher: Al Jazeera (publisher lean: Left)
- Original article: https://www.aljazeera.com/news/2026/11/5/why-more-investment-is-not-making-housing-affordable-in-ghana?traffic_source=rss
- Topics: World

## Key points

- Ghana needs over 1.8 million more homes.
- Only about 5 per cent can afford housing without state support.
- High costs and limited finance keep many households out of the market.

## Summary

Ghana faces a housing shortfall of more than 1.8 million units, but attracting investment and building more homes will not solve the problem if most people cannot afford them. At a real estate conference in Accra, participants discussed how to make construction commercially viable while expanding access for households priced out of the market.

About 56.7 per cent of Ghanaians live in urban areas, but only around 5 per cent can afford housing without state support; roughly 90 per cent of homes are built through personal savings and gradual construction, and mortgage lending equals just 0.3 per cent of GDP. Government measures include cutting mortgage rates through the National Homeownership Fund to 8.4 per cent, a 3 billion cedi fund for public-sector workers, and a planned 1 billion cedi allocation to the National Housing Fund in the 2027 budget. Developers say expensive finance, difficult land access and infrastructure costs remain obstacles, while informal workers often struggle to qualify for mortgages because they lack conventional income records.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.