Weak incomes and slow land delivery worsen housing affordability crisis
A Simonis Storm Research analysis finds that home ownership in Namibia is becoming unattainable for most households due to weak incomes, inadequate serviced land supply, and high construction costs. The report estimates a gross monthly income of over N$43,000 is needed to afford the national average house price of N$1.46 million, while 54.1% of adults reported monthly incomes of N$2,000 or less.
2 September 2026 · New Era →