By Ernest Bako WUBONTO
Dr. James Orleans-Lindsay, the Executive Chairman of JL Holdings, a conglomerate that has strong presence in the real estate, has proposed that government should set up a construction levy to generate revenue into and equity fund for the real estate sector to enable developers embark on affordable housing projects. “I am proposing that just as we have a levy that is being used to defray the legacy debt in the energy sector, government should set up a levy that will pull revenue into and equity fund for real estate developers, which will enable them access to cheaper long-term funds to build houses at cheaper rates and make them affordable to Ghanaian.
