Developers bet on cheap homes to ride on State housing project


People Daily | by Mathew Ndungu

As developers struggle to put-up more low-cost houses into the market to narrow the huge housing deficit inspired by rapid population growth, scarce and costly land for construction, and slow economic growth, companies continue to supplement the government’s efforts to achieve its affordable housing agenda.

Both local and international real estate companies have identified the unmet housing need and are pulling resources with hopes to meet the annual housing demand of 250,000 units…

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