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Homeownership is more expensive than ever, but more Kenyans could buy houses with bank, KMRC intervention

Construction of residential apartments in Nairobi could be a pointer that there is a growing appetite and demand for the units. I would be interested in knowing whether Nairobians have resorted to mortgages to buy the units as - I may be wrong - many do not seem to be cash buyers. I may be wrong but I assume that majority of people who buy houses on mortgage are the employed middle class.

Susan, Nairobi

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