Valuer Blames Land Scarcity For Housing Deficit In Rivers

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A real estate management expert, Joy Atorudibo, has identified non-availability of land as the bane of indequate housing in Rivers State.
Atorudibo, an estate surveyor and valuer gave this indication while speaking to The Tide in an interview, Monday in Port Harcourt.
She identifified bureaucracy and unfarourable government policies as facctors that have made mass housing unrealisable in the next 25years.
She added, “even houses built by government, which they call low cost housing are not in any way low cost, querying, then, how can the average citizen afford such houses?.
Atoruidibo explained that houses are expensive due to the high cost of purchasing land, stressing that these bureaucratic bottlenecks hinder developers from getting approvals and accessing lands’’.
She observed that the processes involved in getting Certificates of Occupancy (Cof Os) are to rigorous and costly, saying, “ if you add the cost of getting land and building it, you will see that the cost is high and the developer would have no choice than to raise the cost of the house for buyers and rents for tenants’’.
She appealed to the state government to dismantle the rigorous bottlenecks associated with land acquisition and enforce the law against the collection of “matching ground” fees, bush entry’’ and other obnoxious fees from developers as well as other housing policies that will make it difficult for the average worker to own a house.

 

Tonye Nria-Dappa