Private rental housing market in Ethiopia: Aspirations and challenges

Abstract

The private rental accommodation is a significant contributor to urban housing supply and is densely populated. Despite its prevalence, it has not received much attention in academic discussions. The rental housing market is like a double-edged sword, with both positive and negative aspects. Researchers have identified it as a problematic housing type that requires further investigation and intervention. A mixed research approach was employed to collect qualitative and quantitative data from 384 samples to understand the rental housing market better. The study found that the regulatory and interactional aspects of the private rental housing market have contributed to its problematic features. Although the market positively impacts housing shortages, private rental a source of unsuitable accommodation. To address these issues, the authors recommend regulatory and interactional dimensions of the private rental housing market be addressed through formal intervention and legislation.