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Is Taking a Mortgage the WORST Decision Ever??
Rank: Member Joined: 5/28/2014 Posts: 149 Location: Nairobi
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What is the true value of a property? Or a stock? Or anything, really? I would ask him that. When you live for others' opinions, you are dead.
- Carlos Slim Helu
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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DBLyon wrote:What is the true value of a property? Or a stock? Or anything, really? I would ask him that. valueless If Obiero did it, Who Am I?
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Rank: Member Joined: 9/11/2014 Posts: 228 Location: Nairobi
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Swenani wrote:DBLyon wrote:What is the true value of a property? Or a stock? Or anything, really? I would ask him that. valueless Now what do you mean Swenani? Maybe you should wait until oxygen gets back to your head before posting
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Rank: Veteran Joined: 11/9/2009 Posts: 2,003
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DBLyon wrote:What is the true value of a property? Or a stock? Or anything, really? I would ask him that. I learnt, from one @mukiha (where did he disappear to) that the value of a commodity is the value the customer is willing to pay. It has no relation to the cost of production.
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Rank: Elder Joined: 7/22/2009 Posts: 7,838
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radio wrote:DBLyon wrote:What is the true value of a property? Or a stock? Or anything, really? I would ask him that. I learnt, from one @mukiha (where did he disappear to) that the value of a commodity is the value the customer is willing to pay. It has no relation to the cost of production. That is not value but price/cost. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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iris wrote:Swenani wrote:DBLyon wrote:What is the true value of a property? Or a stock? Or anything, really? I would ask him that. valueless Now what do you mean Swenani? Maybe you should wait until oxygen gets back to your head before posting I mean exactly what I say... valueless...Otherwise we wouldnt be having the bear and bull markets,property bubbles etc If Obiero did it, Who Am I?
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Rank: Member Joined: 9/11/2014 Posts: 228 Location: Nairobi
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Swenani wrote:iris wrote:Swenani wrote:DBLyon wrote:What is the true value of a property? Or a stock? Or anything, really? I would ask him that. valueless Now what do you mean Swenani? Maybe you should wait until oxygen gets back to your head before posting I mean exactly what I say... valueless...Otherwise we wouldnt be having the bear and bull markets,property bubbles etc Valueless: "having no value; worthless". To my understanding that is not true of property in our context here. You are talking about an absence of value (zero) but the others (@radio, @DBLyon) are saying it is a variable not a constant, depending on what the buyer agrees to. So if you "exactly" mean zero, I respectively disagree. I think if property was valueless, then that is when we would have no bears and bulls.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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iris wrote:Swenani wrote:DBLyon wrote:What is the true value of a property? Or a stock? Or anything, really? I would ask him that. valueless Now what do you mean Swenani? Maybe you should wait until oxygen gets back to your head before posting Eish.  Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831
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According to the following "Experts", the bubble is here; - Knight Franks - Hass Consult (WAH!!!) - Cytonn - Central Bank "the real estate sector recorded the highest increase in non-performing loans, by Sh5.9 billion or 42.3 per cent, according to a report by the Central Bank of Kenya" "Prime rents for Nairobi fell 7.9 per cent in quarter one of 2016, according to the report, which pointed out that for the past four years, rents in Kenya’s capital have been declining." "Land prices in Mlolongo and Athi River have fallen by 10 per cent and four per cent, respectively, signalling a decline in demand for housing." Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Member Joined: 1/24/2011 Posts: 407 Location: Nairobi,Kenya
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dunkang wrote:According to the following "Experts", the bubble is here;
- Knight Franks
- Hass Consult (WAH!!!)
- Cytonn
- Central Bank
"the real estate sector recorded the highest increase in non-performing loans, by Sh5.9 billion or 42.3 per cent, according to a report by the Central Bank of Kenya"
"Prime rents for Nairobi fell 7.9 per cent in quarter one of 2016, according to the report, which pointed out that for the past four years, rents in Kenya’s capital have been declining."
"Land prices in Mlolongo and Athi River have fallen by 10 per cent and four per cent, respectively, signalling a decline in demand for housing." Let them keep dreaming... Hope is not a strategy
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Is Taking a Mortgage the WORST Decision Ever??
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