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An empirical analysis of rent control in Kumasi, Ghana, is presented based upon a consumer demand model for housing. Controlled rent-to-income ratios are exceptionally low for a developing country. Moreover, the Asante housing market exhibits unusual cultural attributes and problems in...
Persistent link: https://www.econbiz.de/10010886517
Much empirical work has been undertaken on housing production, investment levels and on the changes necessary to increase the supply of housing at a national level. The implicit assumption in these perspectives, that owners buy and sell housing as an adjustment process, is not realised in all...
Persistent link: https://www.econbiz.de/10010887574