GHL fires back at Rent Commissioner over hostel fee claims

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Rent commissioner being populist ...Dr Joojo deHeer 3 days ago

The acting rent control commissioner is simply being populist without studying the rental sector and understanding input cost,cost of capital and rental level determination. Ultimately, the market forces of demand and supply ...
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The acting rent control commissioner is simply being populist without studying the rental sector and understanding input cost,cost of capital and rental level determination. Ultimately, the market forces of demand and supply will decide the equilibrium.
The payback and RoI on rental investment is not attracting due tp high cost to build in Ghana. Govt must subsidize if they want to call the shots.
SHAME 3 days ago

JM do you see the effect of your irresponsible pronouncements on rents in Ghana?

JM do you see the effect of your irresponsible pronouncements on rents in Ghana?
Rent commissioner being populist ...Dr Joojo deHeer 3 days ago

The acting rent control commissioner is simply being populist without studying the rental sector and understanding input cost,cost of capital and rental level determination. Ultimately, the market forces of demand and supply ...
read full comment

The acting rent control commissioner is simply being populist without studying the rental sector and understanding input cost,cost of capital and rental level determination. Ultimately, the market forces of demand and supply will decide the equilibrium.
The payback and RoI on rental investment is not attracting due tp high cost to build in Ghana. Govt must subsidize if they want to call the shots.
Truth 3 days ago

That commissioner is just a noise maker, striving to be relevant...it won't amount to anything

That commissioner is just a noise maker, striving to be relevant...it won't amount to anything
Ghanabi Kofi 3 days ago

7k and 8k plus per student for a single room per year with 4 people. Interesting.
Truth be told this hostels are milking students. It's too bad.

7k and 8k plus per student for a single room per year with 4 people. Interesting.
Truth be told this hostels are milking students. It's too bad.
Confused here 3 days ago

So, premium has aircon plus queen size. Does this means non premium rooms have no aircon? 4 people in a room without aircon in this heat for Ghc800 monthly?

So, premium has aircon plus queen size. Does this means non premium rooms have no aircon? 4 people in a room without aircon in this heat for Ghc800 monthly?
Moses 3 days ago

Students in aircondioned rooms with queen sized beds are either natured-rich persons or poo sm pampered children.

Students in aircondioned rooms with queen sized beds are either natured-rich persons or poo sm pampered children.
Prof. Williams 3 days ago

I don't think the rent commissioner was wrong.

If you're charging students GH¢7,392 and GH¢8,876 each, per academic year, for four occupants in a room with 1 shared bathroom, that still amounts to 29,568 and 35,504 per ...
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I don't think the rent commissioner was wrong.

If you're charging students GH¢7,392 and GH¢8,876 each, per academic year, for four occupants in a room with 1 shared bathroom, that still amounts to 29,568 and 35,504 per academic year which is approximately 9 months only- not 12 months??

The room is not single occupancy, so saying its Ghc 823 is irrelevant because the monthly rent is shared between the four occupants; Ghc 823 x 4 or 986 x 4 is the actual monthly rent for the single room.

That's about Ghc 3.3-4k a month for a single room without air-condition and/or a fridge ????? Just a ceiling fan, single mattress, water, and electricity?? Well?

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GHL fires back at Rent Commissioner over hostel fee claims

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