Ati vumbi na confusion. Are these the same buyers who blindly buy worthless pieces of wilderness land juu waliambiwa na presenter fulani ni bloti maguta maguta ziko na greenhouse. Acha uongo bana. he sellers just haven’t foun the front man with english of nose and a good fitting suit to promote them like the Shangri-La of kanairo. Ni wapi nairobi hakunaga vumbi na harufu ya sewage?
In my opinion,the bubble will never burst…Hata hizi price corrections as people say won’t last…there are no laws to curb or discourage unsustainable land prices,even tax on land transactions is almost not implemented as it should…What would happen instead,in my view,is the emergence of JOINT VENTURE arrangements like never before…Nairobi kuna landowners wengi sana holding on prime land that they can’t develop because they lack capacity and Money from the Chinese,diasporans e.t.c waiting to be poured.Nairobi ukisema wewe ni maskini jua uko pekee yako…We are a very small economy with countable vibrant sectors for people to channel money to…wale Waliona the Kibaki time boom but missed are holding on hoping for the next one…and it will come