As annually anticipated, expectations are high for Africa’s largest real estate event, the Abuja International Housing Show. The event which is in its 13th year remains poised as ever to convene global and local leaders across the built industry value chain.
Themed, ‘Driving Sustai nable Housing Finance Models in the Midst of Economic Uncertainities’, the overall goal of the show which can be summed up in the reduction of the 17 million housing deficit looming over the Nigerian landscape with the input of value addition from a wide host of service providers, will see sector thought leaders discussing innovations, designing strategies, promoting successful outcomes and determining implementation routes in housing finance models.
With agitations from past events and housing advocacy platforms for the dire need to utilise off-takers affordability and mortgage capacity evaluation in tackling housing shortage, prominent real estate players, professionals and developers have set their sights on the proper determination of affordable housing needs based on demography and income segments to ensure no segment is left out of housing development plans, as the lower income brackets stay under served.
In this regard, the 13th Abuja International Housing Show billed for the 23rd – 26th July, 2019 is expected to unravel a plethora of models of affordable houses to match current economic realities of population segments which encapsulates basic to mid income earners while targeting a variety of housing finance models which can enable sustainable success of such low cost initiatives.
The prospects for the mass replication of showcased affordable houses will take center stage seeking feasibility into affordable housing finance models and platforms to increase consumer affordability while reducing housing deficit in the midst of both global and local economic uncertainities.
As a frontrunner in housing development policies and advocacy of housing for all, the Abuja International Housing Show will once again deliver laudable solutions for practical adoptions in sustainable housing finance models that boosts housing affordability in Nigeria and the continent of Africa.
By Ojonugwa Felix Ugboja