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Are we in a property bubble?

Entrance to Nyayo Estate in Embakasi, Nairobi. [PHOTO: MARTIN MUKANGU/STANDARD]

By Muchiri Waititu

One early morning way before sunrise in September 2008, the Embakasi Police Station Commander was hastily alerted by the station officer in charge. Apparently, there was a congregation of unidentified people at the National Social Security Fund’s Nyayo Estate and the crowd kept growing.

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