The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Koto Housing Kenya Chief Executive Officer Moses Nderitu says homes will be affordable when rent matches mortgage repayments. [PHOTO: JAMES WANZALA/STANDARD]
Why don’t more Kenyans own homes?
There are a mixture of reasons. Cost of land in areas with high infrastructural development, unaffordable cost of financing - that is high interest rates for mortgages - and the technology or method of building houses.
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