Factors That Affect the Demand Housing Finance Choice of Public Sector Workers in Ghana: The Effect of Position Held

Dr. ISAAC OKPOTI NAI

Housing finance, public sector, affordability, business strategy, business management, PSHLSB.

Regardless of many hard work by the government of Ghana and the key actors to improve the housing industry it remains in its embryonic stage. The purpose of this study is to establish whether the choice of demand housing finance of public sector workers is influenced by their level of position.

Mixed methods research is the right choice as three hundred and eighty-four (384) public sector workers were surveyed using comprehensive questionnaire completed with information gathered from qualitative sources. 

To test the hypothesis of whether the position of public sector workers has no effect on their choice of housing demand finance, the alternate hypothesis was tested and it was found that the position held by a public sector worker does not affect his or her choice of demand housing finance hence does not contribute to the model. Therefore, we accept the null hypothesis.

Actors of demand housing finance loans or schemes do not have to pay too much attention to the seniority of public sector workers in designing a scheme. The focus should be on the entire public sector workers irrespective of their position.

This is the first time in Ghana Public sector workers have been surveyed comprehensively in relation to their attitude towards the almost fifty-year-old PSHLSB housing loans scheme. The findings stand to improve policy and future research. It also explains why Ghana has large housing deficit.

https://doi.org/10.31871/WJRR.19.1.5