The housing sector in Port Moresby has not been able to meet requirements for the provision of affordable housing.
The National Research Institute (NRI) latest report on affordable housing have revealed that households that spend more than 30% of their income on housing would have housing affordability problems.
The Issues Paper, by Property Sector Development Research Program Senior Research Fellow Associate Professor Eugene Ezebilo, provides insights into developing an effective and efficient affordable housing strategy in Port Moresby.
It reports on standards used for measuring housing affordability and discusses whether the housing sector in Port Moresby has been able to meet requirements for providing affordable housing.
Professor Ezebilo stated that in order to promote an effective affordable housing strategy in Port Moresby it is necessary to develop guidelines for providing affordable housing and review import duties on building materials.
“The Government should facilitate private developers to build houses, by making more customary land available and providing more trunk infrastructure such as good road networks, pipe-borne water and electric power,” Professor Ezebilo recommended.