Bought a 1/4 in Rongai for 700k, now sitting on 24m. And that's just the plot, exclusive of the improvements

You can see the joy in his face that he finally owns a mansion. It's always good to see a Kenyan succeed especially when we remember where most of us were before 2002.

Isn't that the same logic that is now leading to over supply of commercial building space and malls??
As infrastructure improves so does the supply of "good lands". Naivasha, Machakos ngong etc become easily commutable to CBD why bother with dust bowl?
Consumers become more choosy so even if you do make capital gains it might end up being slower that government paper and all these are possible realities.

I never trust anyone who has be a blanket recommendation of buy buy buy anything. That was the case for the NSE 2002 - 2006 buy buy buy would make money every time. Which isn't the case now.

You land prophets always show up in Wazua market your products grow and eventually fizzle out.PRC, land merchants and other land marketing were all in Wazua creating doing lead generation. @Mugundaman you are not the first land prophet on Wazua and you wont be the last. However my points are not really direct to Mugundaman it's directed at the other Wazuans or future Wazuans .... do your research and dont listen to prophet Mugundaman!

Dustbowl residents are becoming Nairobians pay taxes for services and they pay some more to provide them privately

Rental flats need to be connected to a sewer line thats why the 279 landlords have come together, but for private homes on even a 50x100 one can do a septic tank or biodigester. Hata huko karen and runda hakuna sewer line but a septic can serve you for ages.

I like this, we recently collected funds along our access road had it graded, murrum and compacted plus a decent drain done, plus had all the street lights repaired,all for 150k which was only about 2,500 per person
sometimes we need to do it ourselves since if we wait for our taxes to trickle down we shall continue to live
in degrading environments.

Kenyans are funny. They buy 1m plots in the middle of nowhere without power, sewer, roads, security, fibre, basic facilities and building regulations. They then build a 20m mansion on the plot. Si afadhali people buy a 4m plot in a controlled development like Migaa then build a 16m house?

Some Kenyans are even funnier. Why are they so worried daily that other Kenyans have chosen dustbowl and do not want to be their neighbours at Migaa? Si they start a Migaa thread where the wonders, beauties and financial brilliance of investing there can be extolled day and nite? :)

I don't know which school you went to but 320 landlords in Kitengela is not a "gated community". That's the beginning of uncontrolled developments aka slums.

So the next 150 landlords start building theirs and soon enough the gov't does nothing but preaches how you should all own your community and build your own roads.

I mean come on.

Those landlords are silly. They've been had, been took and bamboozled. So where are they going to dump their shit, for a lack of a better word. At the county waste disposal unit? Who's going to pay for it? the county? Who's going to manage it? they county.

My fren this is a very slippery slope. If you want good housing follow sparkly's advise and stop buying buroti maguta maguta. If you want to be a slum lord, there's a thread on wazua on the exact process. You can't be both.

If these slumlords really see a need for building shit holes, then they should organize themselves and start voting in like minded individuals.

It would be cheaper. I can guarantee that.

Ara.