Quote from: HouseAfrica on November 17, 2018, 08:11:46 PM

A growing Africa population, why real estate is needful.

While we wait for a dramatic increase in population according to UNICEF report that global community in 2050 is 8.1B people and Africa is expected to be more than half of the people, Africa population is 1.2B people. That means by import, in every four individual, there is an African.
The need for sustainable agriculture, clothing, and shelter cannot be overemphasized as they are basic human needs. A 2017 report says that 250,000 Kenya, 2.4 million Nigeria, 7.4 million South African, and 252,000 Namibian has no access to affordable and decent housing. The above statistics is a rough calculation. Hence, it is unarguable that over 200 million people are suffering from accommodation challenges. The questions now become;

Are there adequate shelter to accommodate the growing population?
Are the available real estate provisions affordable?

The formal is No while the latter is still No since the real estate status quo is for a particular class who are less than 5% of the overall population. The current space takes advantage of the increasing population to increase the price of properties.

If the cost of real estate properties kept rising, some African population would live in the mud. The Africa real estate of House Africa mission is one that will accommodate all African. It shouldn't be a real estate space that strictly obeys the laws of demand and supply, thus while the population kept rising, the cost of properties kept rising. It should be one that considers the average income earner, sustainable and one where its investors and buyers transactions are transparent.

It is not an understatement, what we need now is a lasting solution to our real estate ecosystem where all African has a home, not only for a luxury for a selected class, hence the status quo need to be challenged if not, no sustainability is sure while our continent gets exploded in few years.

Visit; www.houseafrica.io

this can be a very interesting project and i woupd like to know some mpre information about it ajd see how it works in the real world