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Is Kenya ready for mortgage-backed securities ?
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Cde Monomotapa
#11 Posted : Wednesday, October 05, 2011 11:45:58 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Nabwire wrote:
A fool & his money? The properties will be enjoyed by my lineage, I'll die with the remorse or guilt, if any. smile



Unaenda straight to hell, hakuna roundabout!!Laughing out loudly [/quote]
:-P Laughing out loudly Laughing out loudly
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Nabwire
#12 Posted : Wednesday, October 05, 2011 11:59:37 PM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
Utanivotia nikuwe Kenya's Suze Orman?
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Cde Monomotapa
#13 Posted : Thursday, October 06, 2011 12:06:34 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Nabwire wrote:
Utanivotia nikuwe Kenya's Suze Orman?

Most def. Miss. Just make sure you kick the can as far as possible, like 10yrs more than the US coz at some point greed will overcome good intentions.
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Nabwire
#14 Posted : Thursday, October 06, 2011 12:09:07 AM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
Just make sure you kick the can as far as possible, like 10yrs more than the US coz at some point greed will overcome good intentions. [/quote]


Sielewi, nikufe?? Kick the can = die Sad smile
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JBlaze
#15 Posted : Thursday, October 06, 2011 12:12:01 AM
Rank: Member

Joined: 7/15/2009
Posts: 16
Cde Monomotapa wrote:
MBS? Hahaha. I tell U owning a part of the finance house will be more lucrative than owning the actual property going-forward. Well, untill it all goes !! POP !!, but before then...i'll prefer being in it via KCB S&L than HF smile


@ Cde do you actually foresee the Kenyan house bubble bursting soon (5-10 yrs)? Housing demand continues to outpace supply...
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Cde Monomotapa
#16 Posted : Thursday, October 06, 2011 12:15:47 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Nabwire wrote:
Just make sure you kick the can as far as possible, like 10yrs more than the US coz at some point greed will overcome good intentions.



Sielewi, nikufe?? Kick the can = die Sad smile [/quote]
Sorry. Financially/economically that's lingo for delaying the inevitable for as long as possible, then !! POP !!
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Cde Monomotapa
#17 Posted : Thursday, October 06, 2011 12:19:19 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
@Nabwire. The extended version is, "kicking the can down the street" (but that's till it rolls into a drain)
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Cde Monomotapa
#18 Posted : Thursday, October 06, 2011 12:21:35 AM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
JBlaze wrote:
Cde Monomotapa wrote:
MBS? Hahaha. I tell U owning a part of the finance house will be more lucrative than owning the actual property going-forward. Well, untill it all goes !! POP !!, but before then...i'll prefer being in it via KCB S&L than HF smile


@ Cde do you actually foresee the Kenyan house bubble bursting soon (5-10 yrs)? Housing demand continues to outpace supply...

My curve is 15-20yrs out. 15 of growth, 5 topping off, then a massive slide thereafter.
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Nabwire
#19 Posted : Thursday, October 06, 2011 12:24:46 AM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
Cde Monomotapa wrote:
JBlaze wrote:
Cde Monomotapa wrote:
MBS? Hahaha. I tell U owning a part of the finance house will be more lucrative than owning the actual property going-forward. Well, untill it all goes !! POP !!, but before then...i'll prefer being in it via KCB S&L than HF smile


@ Cde do you actually foresee the Kenyan house bubble bursting soon (5-10 yrs)? Housing demand continues to outpace supply...

My curve is 15-20yrs out. 15 of growth, 5 topping off, then a massive slide thereafter.


Not good, I think my conscience wont allow this investment. Luckily, I had resolved to buy KCB before this, so niko sawa smile
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QW25081985
#20 Posted : Thursday, October 06, 2011 12:27:02 AM
Rank: User

Joined: 8/29/2011
Posts: 1,045
Location: Mtaani
when a guy on wazua starts a thread asking where he/she can buy land for 100k just to get into the action , you know its time to bail out....
Property prices are just heating up when the economy is cooling off.there's a very big disconnect here.
when the property prices do catch up w/the economy this bubble will bust...
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