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Wolverhampton Intellectual Repository and E-Theses > School of Technology > School of Engineering and the Built Environment > Construction and Infrastructure > The Social Costs of Real-Estate Market Information Gaps in Ghana

Please use this identifier to cite or link to this item: http://hdl.handle.net/2436/28954
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Title: The Social Costs of Real-Estate Market Information Gaps in Ghana
Authors: Hammond, Felix Nikoi
Citation: Urban Policy and Research, 24(3): 391-408
Publisher: Routledge (Taylor & Francis)
Journal: Urban Policy and Research
Issue Date: 2006
URI: http://hdl.handle.net/2436/28954
DOI: 10.1080/08111140600877040
Additional Links: http://www.ingentaconnect.com/content/routledg/cupr/2006/00000024/00000003/art00007
http://direct.bl.uk/bld/PlaceOrder.do?UIN=194475803&ETOC=RN&from=searchengine
Abstract: Real estate markets function efficiently when driven by information regimes in which legitimate information corresponds with information that must count in market decisions. Where there are mismatches between legitimate information and information that must count, gaps naturally emerge in the information order. If the conditions for the creation and widening of such gaps are not removed, tenure insecurity, real estate transaction constraints and social costs tend to be heightened. This article presents a view of the conditions that have created information gaps in the Ghanaian real estate economy together with their allied tenure insecurity and social costs. Propositions for alleviating these information gaps are consequently proffered. (Routledge)
Type: Article
Language: en
Keywords: Ghana
Africa
Sub-Saharan Africa
Land tenure
Land ownership
Economic development
Real estate policies
Socioeconomics
Real estate market
Information asymmetry
Land registration
Land rights
ISSN: 08111146
14767244
Appears in Collections: Construction and Infrastructure

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