New bank loan rates will make home ownership, mortgages even harder

It is increasingly becoming harder to own houses as banks continue to increase their interest rates locally. I have realised that even the push by the government on the three per cent housing contribution may not easily realise the dream to own homes following growing resistance from several quarters. The acres of space in mainstream newspapers that auctioneers publish houses to be auctioned weekly also tells a sorry story of battered dreams to own family houses.

Joseph, Nairobi