Renting a home is a popular trend in Ghana, with only approximately 13 per cent of the population owning their home, a report published by Lamudi Ghana, a global giant in the real estate industry said. According to the report dubbed "Real Estate in the Emerging Markets 2014 - Ghana" renting provides a simpler and more accessible path to longer term living arrangements, as there were still many red-tape processes in practice that make it hard for many to receive mortgage loans.