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Effect of the 2017 General Election on the Real Estate Environment in Kenya

(Proposed Taraji Heights Development in Ruaka by Cytonn Real Estate)

As history has proven, elections have the sole capability to change a nation’s economy especially during the post-election period due to the possibility of a change in political stability, government policies and even investors’ confidence in the appointed government.

The electioneering period is as risky as it is unpredictable for the real estate market. This is so especially because the period has both perks and at times, huge disadvantages. During this period, a lot of factors play a crucial role in the general outcome as everything from interest rates, government expenditure and investor appetite tend to fluctuate depending on the election period mood.

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