The Star (Nairobi)

24 January 2013

Kenya: High House Rents Regime to Continue As Demand Rises to No Supply

The Hass consult property index for the third quarter last year indicate that you paid more rent over the last one year as pressure on landlords mounted after the Kenya Revenue Authority began collecting taxes. High rents are not expected to drop as demand is outdoing supply, while property developers are still grappling with high interest rates.

Ads by Google

Copyright © 2013 The Star. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.