@Peter, based on your expert opinion, we still do not have any answers to the steep price rises and the high demand buyouts on such inflated prices. Bottomline is the sector needs serious investigations and implementations of anti-abuse measures. KRA for example needs to implement a system that requires buyers to declare source of funds before the land registry can act on the sale, something like a clearance certificate which also covers banks/developers who may be hiding the "cash economy". The problem is there is no one to police the KRA, therefore land transactions also remain behind the curtains. The price of this expensive boom is going to have a very bad effect on the economy down the road where property will remain out of reach for many kenyans. So rather than stimulate investments, the current trends discourage such investments. While I'd not discourage anyone to buy property here, I'd advice them to shop around first. Kenyan property is definately not worth the prices that are being pushed by developers/banks but we know that KE is not a cheap place either. The govt puts inflation at around 2.5% yet the annual increase in rents is not less than 10%. Surely, the govt is disconnected from the realities on the ground and letting things go on unchecked. I still put the blame on CBK for being a cheer leader in the downward slide. Business may be good for some but that does not mean the economy is doing well. The economy should be doing much better and giving more power to its citizens on investments and reduction on cost of living. Me techie thots. Rgds.