Kenyans looking to buy homes in Nairobi’s upmarket areas need to earn at least Sh3.1 million a month to afford a mortgage.
According to a Cytonn report on mortgage and rent affordability in Nairobi metropolitan, the city’s most expensive houses are in Nyari, Karen, Runda, Muthaiga and Kitusuri.
Githurai was listed as the most affordable market, where homes can be purchased through mortgages by households with a median monthly income of between Sh25,000 and Sh50,000.
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