TVM Sector Perspective
How Sector Activities Impact People, Place, Planet and Profit
Chapter 19 - Real Estate
Much of the housing stock in Baghdad and some other urban areas of Haiti has been badly damaged in the past few years. There has been damage and complete destruction in some cases and there has been damage caused by looters. Many houses have been rebuilt using private financial resources and funding from the US programs, but a lot still remains to be done.
Capacity to build houses
There is a good construction capacity in Haiti which can grow to build more houses. It is constrained by the economic conditions, the lack of security and the state of the housing sector overall.
House construction is employment
House construction is employment as well as being a valuable addition to the community. New housing and upgrade building can be used to contribute to total employment and to the reintegration of returnees into the economy.
Strengthening the capacity to build houses
Workmen to build houses to an improved standard need training in either a formal setting and while on the job working in a training capacity.
The housing sector has not kept pace with the growth in population, and the quality of shelter for many in the poor “south” is less than satisfactory. Urban slums are common, and rural shelter is poor reflecting the poor state of the local economy.
The solution to housing should be one that involves both the private sector, government and the financial sector. With thoughtful planning, the housing sector can be a valuable component of economic activity and serve to upgrade the housing sector and the employment sector at the same time.