The importance of accommodation can not be over emphasized and the current housing deficit in Ghana presents an opportunity and a challenge at once. While the real estate industry could be the next gold mine in the country, its non enforceable rent control regulations has made the cost of living very expensive and not encouraging a lot of savings.
Not long ago MoveHub, an international relocation company rated Ghana as the most expensive country to live in on the African continent. While this is arguable, the research findings was based on a few factors and assessment on a range of costs, such as the price of groceries, transport, bills, restaurants and rents.
It was easy for me to find accommodation and arrange a monthly pay plan any where else but Ghana.
The challenge of a rent advance almost impossible for most people, could also be due to a few factors. In my opinion, I think that the lack of credit worthiness of some or most Ghanaians push landlords to charge at least 24 months rent advance. They don’t have to worry about collecting their money until after two years and they can use the bulk sum to solve immediate challenges. This too is understandable.
While landlords argue that the cost of building and the investments they make developing the properties doesn’t not give them such flexibility to provide a short term rental service, prospective tenants complain about the long term tenancy agreements.
I have always considered ways of making accommodation affordable but almost always hit with some road block because it didn’t matter how hard I tried, the problem didn’t seem to go away.
During my monthly business light talks called Kasabiz, I was very happy to engage a patriot of the land who has also being concerned about this challenge and had taken proactive measures to ensure that this challenge be come a thing of the past. A true stalwart and an astute individual with a high sense of quality and attention to detail.
He had observed his living standards in his resident country Canada and over the years had tried to offer some level of comfort to Ghanaians by bridging the housing gap and offering an alternative solution in a secure environment with an awesome condominiums to assist Ghanaians.
Dr. George Obeng a well composed almost perfect even in his imperfect state as described his modest self in the very subtle of reaction, is a good example of the many Ghanaians doing amazing. For the first time that I know of, its very simple and easy to rent an estate. Register for a visit, fill up property details form, wait for a response and you are good as gold to have an amazing experience in any of the condos with an all inclusive pay plan.
So when next you are in Ghana with the family and for a longer stay, I recommend you check out www.summerhillestate.com
You may want to consider the options available to you if you live in Ghana and exploring a more flexible way to make rent.