FINANCING THE HOUSING SECTOR IN ETHIOPIA: EVIDENCE FROM HAWASSA CITYSubmitted by zenno on Sun, 08/02/2015 - 09:38
This work is set out to investigate the issue of financing housing sector in Ethiopia. Thus, different systems of financing the housing sector in Ethiopia have been investigated with all its short comings. Evidences have been collected to show vividly the system of housing finance in Ethiopia, and its shortcomingsare seen from global experiences perspective as the case may be. Accordingly, this work assessed the government‟s finance system of the housing sector in Hawassa city and the challenges thereto as well. The bold questions have been, is it demand driven or how the government tries to supply law cost housing; is it affordable for the society of poor and middle income group, what are the different potentials to source finance for the housing sector? Are they all tapped to? Etc. Different potential sources of the finance system have also been discussed which are barred by the law and the practice not to venture in financing the housing sector in Ethiopia.