High interest rates deter ownership of affordable houses
Editor,
Allow me to react to the article, “Kigali City targets 1,000 affordable houses in 2015” (The New Times, January 2). These are stories we hear every day! The writer didn’t comprehensively explain how affordable the houses will be given the fact that most of the city dwellers earn below Rwf300, 000 per month.
An aerial view of new houses in Kibagabaga. (Timothy Kisambira)