Why mortgage reforms won’t solve Uganda's housing crisis

Uganda has introduced a new mortgage refinance law aimed at improving access to housing finance. This legislation is intended to stimulate the housing market by making it easier for lenders to offer mortgages. However, experts suggest that the law alone may not adequately address the nation's significant housing deficit.

The effectiveness of the new law is questioned in its ability to tackle the core issues of housing affordability and land accessibility that hinder widespread homeownership.