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Africa red hot real estate leads world. Kenya #4
Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
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Where are those kelele makers who keep crying that they will only buy plots over their own dead bodies  . Shauri yenu! http://www.africanreview...rate-in-next-five-years
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Contraction data vs real estate data. You really like manupulating articles & reports to suit your goal. Construction data is wider than real estate by far. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
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Angelica _ann wrote:Contraction data vs real estate data. You really like manupulating articles & reports to suit your goal. Construction data is wider than real estate by far. Very funny! Is the cement, ballast, sand and steel used in infrastructure different from that used in real estate, and is the land on which public goods are built on a different planet compared to residential and commercial property? There is a reason why the building and construction industry is named so 
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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MugundaMan wrote:Angelica _ann wrote:Contraction data vs real estate data. You really like manupulating articles & reports to suit your goal. Construction data is wider than real estate by far. Very funny! Is the cement, ballast, sand and steel used in infrastructure different from that used in real estate, and is the land on which public goods are built on a different planet compared to residential and commercial property? There is a reason why the building and construction industry is named so You are actually agreeing with me. Thanks. The data presented is for construction in Africa & not restricted to real estate as your topic would want to suggest / portray. Yap keep on pushing hard on the real estate if that makes you ..... In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
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Angelica_ann wrote:You are actually agreeing with me. Thanks. The data presented is for construction in Africa & not restricted to real estate as your topic would want to suggest / portray. Yap keep on pushing hard on the real estate if that makes you ..... Double A, You are not fun to engage.Your "points" are all pablum and you seem very convinced by them.  let me engage real Wazoo wazitos.
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Rank: Elder Joined: 10/18/2008 Posts: 3,434 Location: Kerugoya
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wee, Brazali, do you have tu-shares in Cyntonns Investments? Asking for a friend.
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Rank: Elder Joined: 10/18/2008 Posts: 3,434 Location: Kerugoya
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I got stuck on the date of the "article". Quote:Africa's construction industry set to grow at fastest rate over next five years
Print Email
Tuesday, 30 October 2018 14:00
... yadda yadda yadda....
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Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
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aemathenge wrote:wee, Brazali, do you have tu-shares in Cyntonns Investments?
Asking for a friend. How is this germane to the post at hand?
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Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
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aemathenge wrote:
I got stuck on the date of the "article".
Are you related to Double A?
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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MugundaMan wrote:aemathenge wrote:
I got stuck on the date of the "article".
Are you related to Double A? "Kenya’s construction sector grew by 7.2 per cent year on year in Q1 2018. The sector’s growth, albeit slower than during quarter four of 2017, was driven by the ongoing public infrastructure projects, such as phase two of the Standard Gauge Railway (SGR) as well as the continued development of buildings." In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Member Joined: 2/15/2018 Posts: 428
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mugundaman always looks at things from a very myopic viewpoint: Buying plots aka real estate speculation is very bad for the economy long term. It makes land expensive which hinders development. It discourages foreign investors. It raises the cost of projects. One of the reasons SGR costs ended up well above projections was because speculators were buying land while projecting that they could sell it back to the gava at higher prices. https://www.nation.co.ke...61120-67ayxp/index.html
When gava has too borrow heavily to finance projects like SGR, they will tax you the mwananchi more heavily. Thats why huko majuu they introduced the concept of property taxes. This needs to be enforced in Kenya. All idle land bought purely for speculation should be taxed heavily instead of taxing poor and middle class people.
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Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
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radiomast wrote:mugundaman always looks at things from a very myopic viewpoint: Buying plots aka real estate speculation is very bad for the economy long term. It makes land expensive which hinders development. It discourages foreign investors. It raises the cost of projects. One of the reasons SGR costs ended up well above projections was because speculators were buying land while projecting that they could sell it back to the gava at higher prices. https://www.nation.co.ke...61120-67ayxp/index.html
When gava has too borrow heavily to finance projects like SGR, they will tax you the mwananchi more heavily. Thats why huko majuu they introduced the concept of property taxes. This needs to be enforced in Kenya. All idle land bought purely for speculation should be taxed heavily instead of taxing poor and middle class people. radiomast, Are you a closet communist who hates the free market and the natural effects of supply and demand? And who says wakina Mugundaman don't pay property taxes and heavy taxes at that? Perhaps even ten times more taxes than the poor and middle classes who own no land/property! And who says we buy plots to just let them sit there "idle"? And who says foreign investors are not investing to also benefit from the land price spiral? Last time I checked, billions of dollars of FDI are still flooding into Kenya with no end in sight. Perhaps you can tell us which investors were discouraged and left because of high land prices! A serious foreign investor will easily have the resources to invest in the endless parcels of empty land that Kiinya offers from Lokichogio to Lunga Lunga. And who says curbing the property sector with punitive taxes will make the economy boom ? That's like saying you kill the only egg laying chicken in your boma that has been feeding your family for months because you believe the chicken's presence is scaring away visitors you want to impress. The property sector is the bedrock of all other sectors my broda. Attempt to destroy it and you will only be destroying the livelihoods of those same poor and middle classes with no property you claim to be concerned about who are directly or indirectly impacted by said sector. Ni hayo maoni yangu tu
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Rank: Elder Joined: 10/18/2008 Posts: 3,434 Location: Kerugoya
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MugundaMan wrote:aemathenge wrote:wee, Brazali, do you have tu-shares in Cyntonns Investments?
Asking for a friend. How is this germane to the post at hand? The two of you share the same thought line it is uncanny. Copy and Paste ExtractQuote:.... The continued expansion is supported by:
i) increased purchasing power, with GDP per capita growing at a rate of 7.9% p.a over the last 5-years, from Kshs 113,539 in 2013 to Kshs 166,314 in 2017, as well as varying tastes and preferences for different goods and services thus creating demand for diverse brands,
ii) provision of high-quality spaces in line with international standards with destination malls such as Two Rivers Mall along Kiambu Road and Garden City Mall along Thika Road coming to the market,
iii) infrastructure improvement, such as the construction of the Northern By-Pass which has opened up areas such as Ruaka and Ruiru for development,
iv) the closure of branches of struggling local brands, namely Nakumatt and Uchumi, leading to availability of prime retail spaces, and
v) the relatively stable growth of the Kenyan Economy, recording an average GDP growth rate of over 5.0% p.a for the past 5-years. Source Link: Cytonn Weekly #38/2018 By Cytonn Research Team, Oct 7, 2018
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Rank: Elder Joined: 10/18/2008 Posts: 3,434 Location: Kerugoya
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MugundaMan wrote:aemathenge wrote:
I got stuck on the date of the "article".
Are you related to Double A? I want to believe that a date is some form of data. The impact of this thread seems to rest on the veracity of the "data" presented. As such, if the "author(s)" and the editors fail to present the correct date for the article, what else ails the data presented?
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Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
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aemathenge wrote:MugundaMan wrote:aemathenge wrote:
I got stuck on the date of the "article".
Are you related to Double A? I want to believe that a date is some form of data. The impact of this thread seems to rest on the veracity of the "data" presented. As such, if the "author(s)" and the editors fail to present the correct date for the article, what else ails the data presented? It is not rocket science baba. That is when this month's issue of the magazine expires IMHO You see how much keystrokes we wasted discussing "issues" of the variety that are the opium of Double A.
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Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
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aemathenge wrote:MugundaMan wrote:aemathenge wrote:wee, Brazali, do you have tu-shares in Cyntonns Investments?
Asking for a friend. How is this germane to the post at hand? The two of you share the same thought line it is uncanny. Copy and Paste ExtractQuote:.... The continued expansion is supported by:
i) increased purchasing power, with GDP per capita growing at a rate of 7.9% p.a over the last 5-years, from Kshs 113,539 in 2013 to Kshs 166,314 in 2017, as well as varying tastes and preferences for different goods and services thus creating demand for diverse brands,
ii) provision of high-quality spaces in line with international standards with destination malls such as Two Rivers Mall along Kiambu Road and Garden City Mall along Thika Road coming to the market,
iii) infrastructure improvement, such as the construction of the Northern By-Pass which has opened up areas such as Ruaka and Ruiru for development,
iv) the closure of branches of struggling local brands, namely Nakumatt and Uchumi, leading to availability of prime retail spaces, and
v) the relatively stable growth of the Kenyan Economy, recording an average GDP growth rate of over 5.0% p.a for the past 5-years. Source Link: Cytonn Weekly #38/2018 By Cytonn Research Team, Oct 7, 2018 ha! ha! ha! ha! Some lay researcher at Cytonn pinched from the article. I have always said Cytonn ni bure ghabisa Hata afadhali HAFR. At least they are geniuses at convincing otherwise rational people into buying their super nyani stock. Cytonn is just maneno mengi, lots of advertising, stalled projects everywhere and no real profits to speak of.
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Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
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https://mobile.nation.co...4512-2o46s5z/index.html
When I said red hawwt I meant red hawwt! Only an ignoramus in good standing cannot see the writing on the wall 😎
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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MugundaMan wrote:https://mobile.nation.co.ke/news/Savvy-Kenyans-unlock-secrets-of-making-cash/1950946-4824512-2o46s5z/index.html
When I said red hawwt I meant red hawwt! Only an ignoramus in good standing cannot see the writing on the wall 😎 Nothing beats importing women stuff from uchina & selling them locally ~ especially doing assorted vierity & bulk. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
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Nairobi tops Africa in property market transparency survey #RedHawtthttps://www.businessdail...86616-10j7p24/index.html
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Ummh you really are pushing this property agenda... Do you realise some people probably never ever want to own land or. a house.... possunt quia posse videntur
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