12 factors that will change Kenya’s property sector going forward

GRAPHIC | HASSAN IBRAHIM

What you need to know:

  • Only six per cent of Kenyans own homes, only 21,000 mortgages are being serviced in the country
  • Things, at least according to economists, are about to get heady as Kenya’s growth is expected to stabilise at about 6.0 per cent between 2014 and 2018

One of the things that Daniel Ojijo has noted in the past two decades is that Kenyans’ zeal to own a home never wanes. Every time he is invited — in his capacity as the founder of Mentor Holdings, a real estate company — to advise investment clubs, he always senses monumental eagerness to join the home owners club in those gathered for his talks.

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