Does this even makes sense ? https://www.businessdailyafrica.com/bd/economy/state-eyes-sh10-000-a-month-mortgages--4092036
Cost of mortgages is a function of price of the house, interest rate and repayment period. Which are they varying here so as to make it affordable to the extent that it will only cost 10K ?
Biggest lenders are commercial banks and housing is provided by private developers.
Kama ni serikali hakuna shida hapo. That’s a lifetime opportunity to screw the government.
Maoni ya wengine ?
nadhani wanacheza na timeline. labda nyumba ikiwa 3 millioni mogage itakuwa 10k kwa mwezi kwa miaka kama 40,ama 20k kwa miaka 20 ,30k kwa miaka 15.ni timelines tu.bei ni ile ile.nimeona kanada kuna mpaka mogeji za miaka 70.Majuu watu wa mapato tofauti tofauti wanaishi nyumba zinakaribia kufanana bei na quality pia juu ya timelines tu.