Rent Prices in Nairobi Take a Dive Due to Covid-19

Rent prices have reportedly dropped by 0.2% as a result of the novel coronavirus pandemic that has affected most parts of the general economy. 47% of tenants surveyed asked their landlords for rent discounts of between 25 and 30% - an indication of the economic devastation caused by the pandemic. In June, Nairobi was ranked the most expensive city to live in in East Africa by Mercer 2020 Cost of Living survey.

InFocus

Pandemic restrictions have emptied Nairobi streets of the usual traffic (file photo).

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