Speaking in an interview with Today FM’s Odinakachi Celestine, the Chairman of Town Planners Association, Rivers State chapter, Emmanuel Ikechukwu, said backward integration in the real estate sector will reduce the country’s housing deficit.
Ikechukwu noted that the idea of sourcing local building materials will help to reduce the prizes of housing construction, especially with the current inflation being experienced in the country.
He hinted that the consistent increase of building materials which he described as a big concern to real estate developers, has made some developers to consider use of local materials like bamboo in order to deliver affordable housing.
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