Ghanaian man discovers high-priced Ghanaian-owned apartments in Ghana, questioning real estate affordability and wealth legitimacy.
Ghanaian man in the US questions real estate affordability after investing in Ghana. Upon returning to Ghana, he discovered high-priced apartments owned by cash-paying Ghanaians, raising concerns about the legitimacy of wealth in the real estate market. Investing in a $130,000 studio apartment, he found additional costs and realized it would take over 20 years to recoup investment under optimistic circumstances.
June 24, 2024
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