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1.1 Constraints On Financing For Condominium Structure?

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1.1 Constraints On Financing For Condominium Structure?
apartments that could be used to secure financing for the renovation of their current home—either through individual loans for their own apartment or jointly with other members of the owners’ association for common area repairs or upgrading. Individual owners could also use their equity for the purchase of a larger or more desirable apartment or single-family home. Therefore, mortgage loans secured by condominiums should in principle be an important segment of mortgage lenders’ portfolios, and contribute substantially to the financial health of the housing sector, financial markets, the economic well-being of citizens and to a country’s economy of as a whole.

2.8.1 Constraints on Financing for Condominium Development and Purchase
Why
…show more content…
The firm’s initial design for cost-efficient condominiums in Addis Ababa stemmed from their collaboration with the Low-Cost Housing Project at GTZ, where they introduced the Cost-Efficient Methodology (LCH-MH system) of utilizing pre-cast concrete elements in building design. MHE produced a manual that addresse the housing problem experienced by the country’s low in-come groups and offered their conceptual design solution as an open and accessable piece of work to be …show more content…
It is also a procedure for data collection and analysis that will be undertaken to assess the affordability problems of condominium households in Addis Ababa.
3.2 Research Design
(Kothari, 2004) stated that designing a research is making a road map to study which leads all functions and steps undertaken.The descriptive survey will be used to describe, analyze and interpret the nature of the finding under the study in its current status in natural setting based on the opinion or perception of the sample respondents.
3.3 Research

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