MWANGI SPIKE

#46
property in Kiambu, (or anywhere in Kenya) that independent valuers are actually giving a depreciating valuation

Is a lie.

Even if it's a mudslide-prone sinkhole in Kiambu, haiwezekani.

But that's not the point I intended to make. Why are you guys excited by a boy's cars bought which were bought with his father's money?
 

LeoK

Village Elder
#55
Is a lie.

Even if it's a mudslide-prone sinkhole in Kiambu, haiwezekani.

But that's not the point I intended to make. Why are you guys excited by a boy's cars bought which were bought with his father's money?
I am not talking about something I read my fren. My property.
 

obienga

Village Elder
#58
Not that you can get it but which of those vehicles would cost less IF the owner decides to auction. I have property in Kiambu that independent valuers are actually giving a depreciating valuation.
Cars are poor investments, if in doubt, buy a brand new car, drive it for 2 months and try to sell it to anyone for the same price at which you bought it.

Unless a car is rare, in demand by collectors, and you do not drive it, it is going to depreciate. You will not find Warren Buffet, Bill Gates or Bezos buying cars the way the Kenyan chap is. Generational wealth is supposed to grow not shrink, lakini pesa ni zake. Hopefully wajukuu wake hawatakuwa masikini.
 

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