In my thinking, low end housing is only profitable if adopted for rental purposes.. Selling may not earn one reasonable returns, since it's unlikely to get anyone who wants to buy anything less than a 2 bedroom house

[quote=obiero]GoK now takes the path of volumes http://www.businessdaily...7348-l9a2avz/index.html[/quote]


This is a project - if implemented to completion - stands to eradicate poverty in this Nation Kenya in the future.

You can read about how housing is correlated to poverty in a book titled: "Evicted - poverty and profit in the American city" reviewed by Bill Gates here:

LINK

Possibility of funds embezzlement will be at an all time high, but if they manage even 50% of the forecast, Kenya will be a better place to live in

@kawi, Very true. 200,000 housing for GOK is a drop in the ocean.

The housing problem can easily be addressed if both the central government and county governments addressed the infrastructural issues that hinder housing development. If new housing areas were opened up by providing infrastructure such as power, roads, water, sewer systems etc in designated areas, people would move in and even develop own structures. Kajiado and Machakos Counties alone cah house the whole of nbi but the infrastructure in non existent.

Houses done on PPPS will not be affordable to the majority. Those buying expensive houses can still afford to build on their own. The rest have no means to buy, but if facilitated, they can own houses too.

Good initiative but 200k housing units is stuff of Alice in wonderland. The biggest GoK affordable housing project delivered only 656 housing units at Ngara cost around 2.2b and took monkey years to complete.

The proposed pilot project at Mavoko for 8k units will retail around 2.7m-3.5m. How many low income people will afford that? It will eventually morph into Umoja like slum.