josimar wrote:
Count Yourself lucky if You have a gross salary above 200,000ksh. The low mortgage uptake statistics in Kenya is a pointer that a small percentage of the population can comfortably service a monthly mortgage payment of 100,000ksh , that is unless You are a banker.
it would be tricky using housing and especially mortgage as a pointer to what people earn, in kenya housing is cheap, do you know that majority of Kenyans actually own their homes, plus if one is even earning 50k it is very affordable for the same individual to own a house, a ka loan of 700k get one a nice plot and another loan of around 800k will put up a decent 3 bedroom house