Abstract:
This study was conducted in Adigrat Town Eastern Zone of Tigray Regional State,
Northern Ethiopia with the general objective of assessing major challenges and prospects of
condominium housing affordability. In order to carry out the stated objectives of the research,
both primary and secondary data were collected from 284 sample house-hold heads in six
condominium sites and analyzed through descriptive statistics such as percentage, tabulation,
frequency and bar graphs. The result of the current study showed that occupational status of
residents was mostly government employers who were accessible in housing. Condominium
house was more affordable for the better income earner than the lowers. Majority of
respondents in study area were adult, government employee, female headed and educated.
The main challenges of condominium housing affordability were Level of income,
Employment level, Interest rate of housing cost and Housing cost. While the opportunity of
condominium housing for the residents were to create job opportunity, to improve sociocultural
network, to improve living standard and decrease slum area. Give special attention to
facilitate the low-income housing provision and provide affordable houses to the lower
income residents of Adigrat Town, with improve housing policies and implementation
strategies. Maximize the capacity of micro and small enterprises with creating a massive job
opportunity, to make the urban poor be an income generator.
