Ngurare demands housing financing reforms

Prime minister Elijah Ngurare has questioned Namibia’s housing finance model, arguing that lengthy repayment periods are making homeownership unaffordable for many young people. He was speaking at the budget reform roll-out implementation planning workshop in Windhoek yesterday. Ngurare said a vehicle worth N$2 million can usually be financed and paid off within five years, while […] The post Ngurare demands housing financing reforms appeared first on The Namibian .