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The IRON List - September 14, 2017

The Economist is reporting a housing crisis in all of Africa, particularly when it comes to affordable housing for the continent’s poorer population. Very few countries (Ethiopia, Cameroon, and Angola, namely) offer subsidized housing, and the majority of these programs are led by the private sector - raising concerns about oversight, quality, and sustainability. A report published by Knight Frank talks of retail development being the primary concern of real estate investors in Africa, seemingly demonstrating that the wealth gap will be exacerbated faster than anyone can resolve it.

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