Buroti Maguta

[Mikymas]

I have pointed out here before. Land in Kenya appreciates at a rate slower than inflation.

Also a single sale takes up to 3 years. If you want a quick sales, you have to cut the price in half

People don’t have millions lying around ready to throw at your wishy washy priced house

[onefool]

@Mikymas

People don’t have millions lying around ready to throw at your wishy washy priced house

Exactly! Land and a house are not liquid assets that you can dissolve in a week. They take time to acquire, appreciate and dissolve. Pia gari mtu anaweza kaa san kabla upate a serious buyer.
To be liquid, you need cash or stocks or checking accounts.