Examining the relationship between lean adoption and housing finance in Ghana

I. Salifu Osumanu, C. O. Aigbavboa, D. W. Thwala

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

1 Citation (Scopus)

Abstract

The paper investigates the relationship between lean adoption and housing finance in Ghana. Ghana currently has 1.7 million housing deficit and this is attributable to high population growth rate and urbanization. The deficit remains one of the most socio-economic challenges facing the country today. Given the huge unmet housing needs of Ghana, there is the need for an appropriate financing model to be developed to secure funding for housing construction. The objective of this study is to provide a description of the factors that affect house financing within the context of Ghana and provides lean strategies for reducing construction cost. The study is designed with a quantitative methodology which 120 respondents will be selected to answer questions relating to how lean principles could be used to reduce construction cost. The findings will serve as policies to the real estate industry and government. Recommendations will be offered to real estate companies, the banks and government to enable them develop a comprehensive financing model.

Original languageEnglish
Title of host publicationAdvances in Affective and Pleasurable Design - Proceedings of the AHFE 2018 International Conference on Affective and Pleasurable Design, 2018
EditorsShuichi Fukuda
PublisherSpringer Verlag
Pages301-311
Number of pages11
ISBN (Print)9783319949437
DOIs
Publication statusPublished - 2019
EventAHFE International Conference on Affective and Pleasurable Design, 2018 - Orlando, United States
Duration: 21 Jul 201825 Jul 2018

Publication series

NameAdvances in Intelligent Systems and Computing
Volume774
ISSN (Print)2194-5357

Conference

ConferenceAHFE International Conference on Affective and Pleasurable Design, 2018
Country/TerritoryUnited States
CityOrlando
Period21/07/1825/07/18

Keywords

  • Affordability
  • Appropriate technology
  • Housing finance model
  • Lean adoption

ASJC Scopus subject areas

  • Control and Systems Engineering
  • General Computer Science

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