Earlier this year, we partnered with Jumia House to conduct a survey in order to define affordable housing for Ghanaians. We wanted to know what “affordable” housing really meant, and whether or not the average rents on most properties were actually affordable for the average Ghanaian adult-in-training.
After analyzing almost 200 responses we discovered that for many young adults, even those making far above the average salary, what they consider “affordable” is far below the average rent costs in key urban areas of Ghana.
Most survey respondents are currently living at home, but aspire to home ownership, whether on their own or with a spouse.
Hacking Adulthood and Jumia House encourage all relevant bodies including state decision makers and real estate developers to use these survey results as a step towards truly making housing more affordable for young adults.