Housingrent

Ethiopia Sets to Regulate Housing Rent

Ethiopia Sets to Regulate Housing Rent

The House of Representatives has approved the Housing Rent Control and Management Proclamation, passing the House Rent Control and Management Bill during its regular session. In an explanation given by Mr. Tesfaye Beljige, a government spokesperson, it was noted that despite various efforts by the government to improve housing provision, it still fails to meet the high demand. Mr. Tesfaye added that there have been excessive rent increases in Ethiopian cities, surpassing tenants' ability to pay. This surge in housing rent costs has led to numerous complaints among low-income city dwellers, disrupting their peaceful living. The government perceives housing rent…
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