Why buying a house feels impossible if you鈥檙e young and single
In Nigeria and Ghana, the dream of owning property feels increasingly out of reach.
According to the United Nations, Africa鈥檚 urban population is projected to triple by 2050, with over 60% of 2.5 billion people living in cities. This rapid urbanisation and population growth is driving demand for properties across the continent. Nigerian and Ghanaian cities are some of the fastest-growing globally, but with inflation and the rising cost of living, prices are going up and people are finding it harder to save - making property and land acquisition a real challenge.
大象传媒 journalist Stefania Okereke discusses the pressures on young people when it comes to purchasing real estate in Nigeria and Ghana. Ebube Okafor in Nigeria tells us about the hurdles to owning and buying land in Nigeria. Yaa Ofori-Ansah, a Ghanaian based in the UK shares her experience of preparing for a move back to Ghana. And Victoria Agyekum, co-founder of the Ghana Property and Lifestyle Expo, offers advice for anyone considering this journey.
Instagram: @bbcwhatintheworld
Email: whatintheworld@bbc.co.uk
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Presenter: Hannah Gelbart
Producers: Julia Ross-Roy and Stefania Okereke
Editor: Verity Wilde
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Broadcasts
- Fri 8 Nov 2024 18:50GMT大象传媒 World Service News Internet
- Last Saturday 03:50GMT大象传媒 World Service East and Southern Africa, South Asia, West and Central Africa & East Asia only
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