- Our housing problems can become opportunities when the right people come together.
- Namibia has housing backlog (challenge) that can be addressed through joint action; an investment opportunity.
- Investment opportunities exist in the affordable serviced land and housing
- Installation of affordable bulk infrastructure and key internal develop
- Manufacturing of affordable construction materials
- In Namibia, there exist a direct link between housing, urbanization, population and economic growth.
- The rate of urbanisation in the country increased from 28% in 1991 to 43% in 2011.
- This trend has resulted in a proliferation of informal settlements in the major towns and urban centres.
- 29% of Namibians do not have access to decent shelter.
- 25% of the population (600 000 people) live in informal settlements without security of tenure.
- The rate of urbanisation outstripping the rate at which serviced urban land, basic services and housing are delivered.
- Scarcity of available serviced land is pushing up the prices of serviced land and also slowing down the process of housing delivery
- The affordability levels of the target end users
- According the Africa Housing Finance Yearbook 2018, Namibian commercial banks are over-exposed to mortgages and there is a need and an opportunity to introduce new or additional financing instruments such as through securitisation, which will increase the number of investment instruments and deepen the financial sector.