Exploring Technology in Residential Property Markets
01 January 2019
Centre for Affordable Housing Finance Africa
English
Report
Centre for Affordable Housing Finance in Africa
Africa
The CAHF (Centre for Affordable Housing Finance) project focuses on understanding and leveraging the emergence of PropTech (Property Technology) as a significant aspect of the affordable housing sector. PropTech companies across the continent are utilising technology to transform and simplify processes related to buying, selling, and managing properties. Many of these companies are in their startup phase, aiming to apply technology for positive changes along the housing value chain, and they are seeking capital for growth. Despite their increasing prominence, there is limited awareness and information regarding the specifics of their operations, the problems they address, and the opportunities they provide. This project marks CAHF's initial effort to explore the current and potential role of PropTech throughout the housing value chain, particularly concerning affordable housing. In collaboration with 71point through the Transaction Support Centre, CAHF has acquired and documented valuable knowledge and insights related to the potential, limitations, and challenges of implementing blockchain technology to address land registry issues in low-income neighbourhoods. The overall goal is to enhance the housing value chain, with a specific focus on affordability, by understanding and incorporating the capabilities of PropTech.
Abstract based directly on source.
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