Christ-Vincent Agyapong beg government to do something about property market and pricing.
Legal practitioner Christ-Vincent Agyapong says there should be a drastic action to manage Ghana’s property market and pricing before it gets out of hand.
His focus was on rent control to prices of properties. He compared property pricing in Ghana to property pricing in the USA and Canada, and questioned why the one in Ghana is so expensive.
He said “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.”
”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.”
