Imagine unatoka kwenyu ushago kuja kuishi Nairobi Paipu Kama IDP

Purple

Moderator
Staff member
#61
You do know that there will be a stock market crash in less than 2 years right?? Check the inverted yield curve. Stocks are more volatile than property. The good thing is that you don't have to choose. Huku Kenya you can't truly retire without rental income. Don't write off real estate entirely in favor of stocks. Stocks can double and halve in a year so a balanced portfolio of both stocks and property would minimize risk e.g a balanced portfolio of 70% property and 30% stocks.
Hakuna hesabu sijafanya..:) You can’t get any decent returns on rentals without tying up huge amounts of capital. Also I’m sorry to say this but 3rd world countries are high risk for investments. They don’t have shock absorbers to survive economic downturns. Like recently counties didn’t receive funds on time, so many landlords there had nothing. What are you going to do? Evict 50% of your tenants?

Yes everyone’s talking about the inverted yield curve but I choose to listen to seasoned experts who think the phenomenon has been overblown. This time it’s different. Also remember that after the crash in 08, the market corrected just 2 years later followed by the best bull run in a long while. Alot of people who pulled out missed that. If (big IF) the market “crashes,” it shall rebound faster than the amount of time it takes to recoup a rental investment. I’m not writing off kenyan rentals entirely but I would limit it to 30% max of my portfolio.
 

Azor Ahai

Village Elder
#62
Hakuna hesabu sijafanya..:) You can’t get any decent returns on rentals without tying up huge amounts of capital. Also I’m sorry to say this but 3rd world countries are high risk for investments. They don’t have shock absorbers to survive economic downturns. Like recently counties didn’t receive funds on time, so many landlords there had nothing. What are you going to do? Evict 50% of your tenants?

Yes everyone’s talking about the inverted yield curve but I choose to listen to seasoned experts who think the phenomenon has been overblown. This time it’s different. Also remember that after the crash in 08, the market corrected just 2 years later followed by the best bull run in a long while. Alot of people who pulled out missed that. If (big IF) the market “crashes,” it shall rebound faster than the amount of time it takes to recoup a rental investment. I’m not writing off kenyan rentals entirely but I would limit it to 30% max of my portfolio.
:D:D:D That is a textbook response from a casual. Word for word. Please don't get caught when the music stops. @Purple read the article below. Number #7 represents you!!

Link: https://www.google.com/amp/s/www.cn...-different-and-that-worries-howard-marks.html
 
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Snowball

Senior Villager
#64
Hakuna hesabu sijafanya..:) You can’t get any decent returns on rentals without tying up huge amounts of capital. Also I’m sorry to say this but 3rd world countries are high risk for investments. They don’t have shock absorbers to survive economic downturns. Like recently counties didn’t receive funds on time, so many landlords there had nothing. What are you going to do? Evict 50% of your tenants?

Yes everyone’s talking about the inverted yield curve but I choose to listen to seasoned experts who think the phenomenon has been overblown. This time it’s different. Also remember that after the crash in 08, the market corrected just 2 years later followed by the best bull run in a long while. Alot of people who pulled out missed that. If (big IF) the market “crashes,” it shall rebound faster than the amount of time it takes to recoup a rental investment. I’m not writing off kenyan rentals entirely but I would limit it to 30% max of my portfolio.
By all accounts, this is fairly reasonable argument on the assumption @Purple worked hard for every single penny she owns and can hardly afford to loose anything. Therefore, she weighs all her investment opportunities very carefully.

A large number of real estate investors in Kenya got their capital through corruption if not outright theft. They do not care much about markets or returns. Real estate is just a convenient parking spot for their loot. That is why they keep building and don't care whether anyone buys or not, they don't care either if anyone moves in or not. They don't care if they have to wait until death if they have convinced themselves their property is valued 10 million instead of 1 million of actual real life value. Normal markets cannot sustain that.
 

Slim_fit

Village Elder
#66
Yes. Really. I know how it sounds. But think of it this way...a young man gets a small job at whatever firm or factory, then the guy hurriedly marries a girl he met in Facebook. Clearly the guy hasn't built a home anywhere, and the chic can't stand the harsh conditions in most shags. That's why they end up in such an environment. And that cycle continues with many young men.
 

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