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Crackdown on property owners
Waria
#31 Posted : Thursday, December 10, 2009 5:17:41 AM
Rank: Member

Joined: 10/11/2007
Posts: 213
@GG agree.. We need to look at the new constitution..suddenly previously dead towns will become regional HQs ...Need to move in on prime pieces ala kirima/karume style
Lokk at whats happening in ?Nanyuki with the nakumatt mall
JeanLucPiccard
#32 Posted : Thursday, December 10, 2009 6:56:11 AM
Rank: New-farer

Joined: 12/9/2009
Posts: 23
Location: Nairobi
Actually need to finish reading that draft... too much work to do. Sijamaliza kusoma
Shefad
#33 Posted : Thursday, December 10, 2009 7:05:26 AM
Rank: New-farer

Joined: 12/3/2009
Posts: 12
Location: Nairobi
The gold is in satelite towns i,e thika, limuru, machakos etc which are in the wider metropolis. Thats where the next action will be and has already began! Cheers
FundamentAli
#34 Posted : Thursday, December 10, 2009 7:08:47 AM
Rank: Veteran

Joined: 11/4/2008
Posts: 1,289
Location: Nairobi
See story in todays Nation about amount of money the Guy behind the cache is operating. Could the regional wars be the source of cash? DRC, Somalia etc
VituVingiSana
#35 Posted : Thursday, December 10, 2009 7:49:51 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
@fundamentali - That narok jamaa sounds like a preparation for Mau 'resistance'. Pre-Election Violence...

kwani these politicians can't wait till 2013 to unleash?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
kimoh
#36 Posted : Friday, December 11, 2009 9:57:29 AM
Rank: Member

Joined: 1/11/2008
Posts: 3
kenya is liberal market as pertains to property and the price is purely to a large extent based on willing buyer willing seller. For as long we have someone willing to pay 20m for a house in mugoya, then i can as well sell without a care in the world of what the true value is was or will be in 5 years.
We also are having a strong middle class which is willing, tho in struggle, to pay for flats which would otherwise retail at 4M may be for up to twice that price, thus pushing price up..

So at the end of the day its willing buyer willing seller, and with the Mogadishu money flowing in, no property crash in the foreseeable future
Layman
#37 Posted : Friday, December 11, 2009 1:42:00 PM
Rank: Member

Joined: 9/21/2006
Posts: 422
Location: Nairobi
Maybe you would have put it as "willing buyer unwilling seller" meaning there is more cash looking for sellers hence pipo just sell not bacuse they want to sell but because theres somebody with money and dangling it around.
VituVingiSana
#38 Posted : Tuesday, December 15, 2009 9:07:52 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
@layman - Your example is a 'Willing buyer, Willing Seller' example... everything has a price...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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