Why buying a house feels impossible if you’re young and single

What in the World

• Episode: Why buying a house feels impossible if you’re young and single
• Website: What in the World
• Feed URL: https://podcasts.files.bbci.co.uk/w13xtvrv.rss
• Duration: 00:13:40
• Published: 2024-11-08 15:30

According to the United Nations, Africa’s urban population is projected to triple by 2050, with over 60% of 2.5 billion people living in cities. This rapid urbanisation and population growth is driving demand for properties across the continent. Nigerian and Ghanaian cities are some of the fastest-growing globally, but with inflation and the rising cost of living, prices are going up and people are finding it harder to save - making property and land acquisition a real challenge.

BBC journalist Stefania Okereke discusses the pressures on young people when it comes to purchasing real estate in Nigeria and Ghana. Ebube Okafor in Nigeria tells us about the hurdles to owning and buying land in Nigeria. Yaa Ofori-Ansah, a Ghanaian based in the UK shares her experience of preparing for a move back to Ghana. And Victoria Agyekum, co-founder of the Ghana Property and Lifestyle Expo, offers advice for anyone considering this journey.

Instagram: @bbcwhatintheworld Email: [email protected] WhatsApp: +44 0330 12 33 22 6 Presenter: Hannah Gelbart Producers: Julia Ross-Roy and Stefania Okereke Editor: Verity Wilde