Persistent building materials price affecting house rent

Persistent building materials price affecting house rent – Landlords Association

Landlords association in Bampenase-Asumanya in the Kwabre East District in the Ashanti Region have expressed worry over persistent increases in the building materials and called for a national action to curb the trend.

Some of the landlords during the launch of Anidaso landlords Association said persistent hikes in the price of cement and other building materials had raised the cost of building and contributed to increases in house rent. Cement prices were anticipated to grow by 3.9 percent in 2019 and 2020.

Landlords Associations

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Elder Owusu Akyaw, chairman of the Anidaso landlords Association, said since Ghana’s economy continued to expand, cement was very key to infrastructural development. However, constant increases in the prices of building materials would have serious repercussions on the economy.

Elder Owusu Akyaw explained that the formation of the association is to come together and fight one goal by so far as rent advance is concerned.

He said, most of the tenants don’t know the act of rent control and it’s creating problems between landlords and the tenants.

Assemblymember of the area Hon Williams Asamoah commended them for the formation of the association which according to him will bring development in the area. He then called them to do some background checks before giving out their room to a tenant.

Angela Gyeibiwaa who is a senior rent control officer at the Kwabre East municipal advises landlords and tenants to understand the rent control act so that both the tenants and the landlords will live in peace.

Call Mr Owusu Akyaw 0243550796 // Shop@torsaa


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