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Expensive housing

Colin Deoki, Australia
Sunday, November 05, 2017

I Couldn't agree more with Professor Vijay Naidu's observations on affordable housing in Fiji. (FT 31/10)

If housing prices aren't curtailed, Fiji's population will not be able to afford housing simply because it's so expensive.

If Government doesn't tackle the problem head-on, it will explode to the point where only a handful of wealthy elite are able to afford housing. And I'd say it's already happening.

And rental property prices are also skyrocketing to the point where people are unable to afford to live. There's a glaring disparity in wage earnings compared with housing and living affordability.

For those who can do something, please don't stick your heads in the sand. You've been put there by the people to help solve what's burgeoning into such a crisis it will affect future generations of Fijians in ways that will ignite even further rifts.

Real estate marketers are part of the problem as well as foreign money flooding into Fiji which is exacerbating the issue.

Tighter laws to regulate the housing market need to be looked at urgently.


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