Rent is killing the nation, says Shaningwa

Government understands the cry of young people who spend on average N$7 000 of their N$10 000 monthly pay on rent, the Minister of Urban and Rural Development, Sophia Shaningwa, said last week.
This follows the announcement of 89 resolutions government has made to ease the burden of property prices.
“We have learned with concern that people who earn N$10 000 must pay N$7 000 [for rent] while they must still put food on the table, pay for taxi transport and send money home to their parents,” she said, adding that rent is killing the nation.
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