High land costs, costly titling processes, and regulatory frictions all compound the problem, inflating the final price of housing. Demand is not absent; it is simply priced out.
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Mwaura Mwangi Head of Products, Stanbic Bank Kenya.
For decades, Kenya’s housing challenge has been framed as a question of supply. The prescription, naturally, has leaned toward supply-side solutions.
This is what explains a relentless drive to build.
However, at its core, it is not just a question about how many units we build. Evidence points decisively to a deeper constraint: affordability.
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