BHC, ministry plan to lower cost of houses

However, Molefhi said in a phone interview that for now they are still discussing how new housing projects can be built at lower costs and thereby selling them to Batswana at reasonable prices.  He said  bringing down the cost of already existing properties is going to be a challenge as they will have to find alternative sources of funding  to  pay for the loans BHC got to build those houses. "For those already existing houses, we owe banks, we need to pay them back. The question is who will subsidize the shortfall?" Molefhi said.

"We know that the houses are expensive (for Batswana). That is why we are looking for  alternative building systems that will make housing affordable. We are investigating  the designs of the houses, how we can reduce costs through simpler designs. These are some of the things that we are reviewing to enable us  to reduce the costs of building houses," the Minister said.