Low uptake of BHC�s sitting tenants campaign

Friday, January 29, 2016

The Botswana Housing Corporation (BHC) has experienced a low uptake of houses that it put up for sale to existing tenants. Only 106 of the 1,528 houses offered have been sold as affordability has emerged as the major stumbling block.

The sitting tenants campaign was launched two years ago to promote home ownership among Batswana and to increase the corporation’s sales from old stock.

The campaign, which was supposed to come to an end last year, will be extended to the next financial year as the corporation feels that Batswana still need to be sensetised around the advantages of owning a house rather than renting it.

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