It is an unqualified fact that the cost of property development in Kenya is soaring. Not to tout the already hyped economic principle of supply and demand, but according to basic microeconomic law, higher consumer demand coupled with a lower (or an unchanged) supply of merchandise, yields to a higher asking price. So it is then that as a result of rising interest rates, housing prices have increased making them prohibitively expensive for many.
It’s 2015 and the Kenyan middle class is expanding. Looking around, infrastructural development is at an all-time high, as an increasing number of elegant home structures, glitzy shopping malls and glamorous restaurants sprout up at various corners of the country. While it is easy to visualize these as the perks enjoyed by those who can access a piece of that so called middle class pie, if you have been paying attention, you’ll also have noticed that the average Kenyan, now - more than ever before - appreciates higher quality services that are offered in newer and improved public service facilities catering to our employment, educational, religious, medical, legal and other basic needs.