Housing Finance has secured Sh475 million from KMRC at cheap 5.1% for onward lending to home buyers.
The funds will help finance home buyers at friendlier rates and for longer periods.
— Business Daily
Nairobi is the 4th most stressful city on this continent after Lagos, Cairo and Dakar according to this index, only the 5th is less stressful. Stay safe...https://t.co/4VBC9YIPxt
The pent-up demand for assets have nowhere to go except stocks & real estate (the asset shortage problem I wrote abt b/f). Chinese stock market is under-developed. So most of asset demand turns into real estate speculation.