People are buying, but the market is also depressed, according to the latest statistics. At 15,000 bank accounts ask yourself where the rest of the boom is coming from. With only 20% of adult Kenyans are in salaried employment, maybe we have suddenly grown too rich. Statistics don't lie.
A bubble would occur if there is more supply than demand. I haven't even seen one developer complaining that there is no uptake of his houses.On Tue, Mar 1, 2011 at 4:24 PM, Alvin Jason Ochieng <ajochola@gmail.com> wrote:
A house worth 2 million? where??????????