Why more real estate developers have embraced affordable housing

The real estate sector was one of the key contributors to Rwanda’s economic growth last year, adding 8 per cent to the national GDP growth during the fourth quarter of 2017.
Most property developers have hitherto targeted the high-end market segment, ignoring the low and middle-income earners, the group that cannot afford high rates on mortgage loans. / File.
Most property developers have hitherto targeted the high-end market segment, ignoring the low and middle-income earners, the group that cannot afford high rates on mortgage loans. / File.
Times Reporter