Bill to control rents does not make economic sense - News Summed Up

Bill to control rents does not make economic sense


I read somewhere that a new proposed law, the Landlord and Tenant Bill of 2021, is in the offing to control rents in the country. Is the new Bill being fronted in the same spirit and is it driven by politics or economics? The fact is that Kenyans never queued to borrow money from banks because the interest rates were capped. Read MoreIndexing rent to the inflation rate is a great idea in the Bill. In the housing market, the demand far outstrips the supply.


Source: Standard Digital March 15, 2021 18:15 UTC



Loading...
Loading...
  

Loading...