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How higher statutory deductions have cut mortgage affordability

One of the biggest concerns you may have about a mortgage is the fear of taking long repayments as opposed to taking an unsecured loan. [iStockphoto]

Increased statutory deductions on the working class have eroded the majority of Kenyans' ability to own homes.

This is according to a report by AIS Capital Advisors, which details how mortgage amounts for salaried workers have reduced. 

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