Real estate experts have reiterated the need to deploy a new approach, including sustainable technology that would speed up the construction of affordable housing and reduce the huge deficit in the country.Real estate experts have reiterated the need to deploy a new approach, including sustainable technology that would speed up the construction of affordable housing and reduce the huge deficit in the country.
Umar, who spoke during a special session themed: ‘Dangote Cement – Championing Innovations for Real Estate Development in Nigeria,’ said there was the need to address housing imbalance through innovative strategies. The President, of the Nigerian Institute of Town Planners, Toyin Ayinde, said the persistent predicament of low-cost or affordable housing was a result of the ‘conspiracy of the rich’.
Also speaking, Director of Research and Innovations Office, University of Lagos and Founder of Ideal Habitat Initiative, Prof. Timothy Nubi, said affordability should be addressed by the income of the people, cost and payment scheme.