The housing bubble: How close is it to bursting? But to everyone else, things are simply bad across Kenya’s housing market. The high-flying investment firm, majority-owned by tycoon Chris Kirubi, found the going tough this year owing to the changes in the housing market. Centum’s property lost Sh2.3 billion of its sale price signalling depressed demand in the housing market. Knight Frank in a 2016 report, noted that a large portion of high-end residential tenants in Nairobi houses expatriates.

Source: Standard Digital December 18, 2018 05:55 UTC