The continuous evolution, proliferation and resilience of informal housing in cities of developing countries defy all attempts by their formal planning processes to marginalise and relegate them to the periphery. In most instances, their rapid and uncontrolled growth has overwhelmed city planning authorities. More importantly, strategies for financing these informal housing units present complex networks of sources not clearly discussed in the housing literature. Using two informal communities—Ayigya-Zongo and Dakodwom—in Kumasi, Ghana, this paper explores the nature and characteristics of these non-conventional housing financing strategies. The study reveals an evolving and enduring non-conventional informal housing financing system effective for providing convenient and affordable housing for the urban poor; but this system is continuously sidelined by the conventional urban planning and housing financing systems. We argue against these attitudes of formal institutions towards these non-conventional housing financing strategies, and submit that these strategies are the gradual, incremental, and collective responses of residents in informal communities to a hostile formal urban planning and housing environment. Hence the dynamics of these non-conventional housing financing schemes point to a complex and fluid network of informal housing financial sources and structures, which are co-evolving with the processes of informal urbanisation and social learning among residents in informal settlements.
Journal of Housing and the Built Environment – Springer Journals
Published: Jun 3, 2016
It’s your single place to instantly
discover and read the research
that matters to you.
Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.
All for just $49/month
Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly
Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.
Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.
Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.
All the latest content is available, no embargo periods.
“Hi guys, I cannot tell you how much I love this resource. Incredible. I really believe you've hit the nail on the head with this site in regards to solving the research-purchase issue.”Daniel C.
“Whoa! It’s like Spotify but for academic articles.”@Phil_Robichaud
“I must say, @deepdyve is a fabulous solution to the independent researcher's problem of #access to #information.”@deepthiw
“My last article couldn't be possible without the platform @deepdyve that makes journal papers cheaper.”@JoseServera