Kenya : Firm’s ‘pay rent, own home’ model shakes up market - News Summed Up

Kenya : Firm’s ‘pay rent, own home’ model shakes up market


The problem in real estate is a finance one and is related to the structure and availability of credit. On its various social media platforms, Simple Homes has faced accusations of being too good to be true. Our biggest detractors have been real estate agents, who feel we are taking business away from them,” the firm told this writer. For instance, if you pay Sh24,000 in rent, the firm says it can find you a plan that fits within this amount. If people are not financed to own their own homes, then the supply of houses will never meet the demand,” says Dalida Shah, Simple Homes’ director for sales, advertising and marketing.


Source: Standard Digital August 11, 2016 07:52 UTC



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