Middle-class downgrade from pricey apartments


[Source: Business Daily, by Otiato Guguyu]

At one point, Kenya’s city residents may have probably sung along to ‘The Jeffersons’ theme song ‘Movin on up, to the deluxe apartment up in the sky, having finally gotten a piece of the pie.’

But as Covid-19 eats into incomes, a majority of those who were paying high rents in plush apartments are moving to smaller, cheaper or unfinished homes in the outskirts.

Movers say there has been a shift in the market and Kenyans are no longer relocating to…

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