Construction Management
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Browsing Construction Management by Author "mam Mahmoud Hassen"
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Item Potential and Limitation of Private Rental Housing: The case of rental houses developed by Loza and Birhanu construction plc, Ayer Tena, Addis Ababa, Ethiopia(Addis Ababa University, 2022-04-01) Biruk Dereje Terefe; mam Mahmoud HassenThe housing delivery mechanism in Addis Ababa, Ethiopia is very few and one of the delivery options is rental housing. But only the public rental housing and kebele houses are considered as an option and neglects the private rental housing for decades, the sector rental housing cover more than 55 % including both public and private rental housing stock. From the 55% of rental housing 37% is the share of private rental housing sector that means more than the half of the market. but the government didn’t consider the sector as a significant option for housing development and focused only policies which promote home ownership led by government which is unrealistic and un affordable means of housing delivery. This study examined and assessed private rental housing developer as a viable option for housing development and search the potentials and limitation for developing the sector as one of housing delivery strategies for the future. And it focuses on private rental housing developer and houses constructed by Loza and Birhanu Construction plc. The research used case study method for in depth analysis of the sector; the cases are selected only houses constructed by LBC. Plc. And the data were collected using questionnaires, interview, and analysis of documents and related literatures. The end result and findings revealed that private rental housing sector has a positive impact on the housing delivery mechanisms. Furthermore, private rental housing provision strategies needs a policy support by government and appropriate revision on the housing delivery approaches including some policy instruments focused on rental houses developed by private sector.