Ghana: Accelerating Home Ownership in Ghana – Turning Socioeconomic Challenges Into Opportunities

Introduction

FOR many Ghanaians, the dream of owning a home is often tempered by the financial strain of a mortgage, a commitment that can span decades and require careful financial planning. In recent years, the economic climate has intensified these challenges, such as high inflation, increasing interest rates, and a fluctuating currency have added significant pressure on homeowners working to maintain their mortgage payments. In October 2023, inflation reached a staggering 40.1per cent,…