Nelly
Member
The method of home ownership has divided opinion among industry experts over the year, but it is more pronounced now following the devastation of Covid-19 on incomes.
Various restrictions put in place since last year to contain the pandemic have led to companies laying off some employees or requiring them to work from home on reduced pay.
Working from home has also brought the issue of space to the fore as people get locked in with their families.
“Most of the people who do not make a lot of money will definitely be looking for affordable housing,” says Beatrice Wacuka, a research analyst at Superior Homes Kenya.
''That is why you see some of those residential areas around the city now deserted as people look for cheaper options. A lot of people are looking for options, and housing is now an issue most discussed.”
She says as the markets are in stress, people who can afford to buy some of the properties on offer should go for them.
“Of course in the end building will be the cheaper option, but at a time like now even ready-made property is tending towards affordability,” says Wacuka.
Various restrictions put in place since last year to contain the pandemic have led to companies laying off some employees or requiring them to work from home on reduced pay.
Working from home has also brought the issue of space to the fore as people get locked in with their families.
“Most of the people who do not make a lot of money will definitely be looking for affordable housing,” says Beatrice Wacuka, a research analyst at Superior Homes Kenya.
''That is why you see some of those residential areas around the city now deserted as people look for cheaper options. A lot of people are looking for options, and housing is now an issue most discussed.”
She says as the markets are in stress, people who can afford to buy some of the properties on offer should go for them.
“Of course in the end building will be the cheaper option, but at a time like now even ready-made property is tending towards affordability,” says Wacuka.