The Centre for Affordable Housing Finance in Africa (CAHF) in partnership with the Tanzania Mortgage Refinance Company (TMRC) and with support from Bank of Tanzania hosted a workshop with local stakeholders to:
- Review and engage with the Housing Economic Value Chain Model (HEVC) that we have developed for Tanzania based on the previous data exploratory workshop held. This model quantifies the economic impact of Tanzania’s housing sector (both construction and rental), as well as the job creation contribution.
- Share preliminary data on the rental housing sector in Tanzania in relation to the HEVC above. This will also be done through a study that CAHF has recently commissioned on Quantifying Residential Rental Markets in Africa – Tanzania was prioritized as one of five countries explored.
- Interrogate the detail for Tanzania, in the Benchmarking Housing Construction Costs study in relation to the HEVC model.
- Discuss CAHF’s recent review of the Landscape of Housing Investment in Tanzania.
The envisaged outcome of the workshop was to test the HEVC and continue to build a comprehensive, Tanzania-wide database that will enable creative market analytics and cross-country comparisons in support of new product and policy development. Ultimately this will assist public sector officials, investors and other market players mobilise and stimulate the residential property market, including its construction and financing, through market intelligence.
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