The 2019 national census showed that while 13.4 per cent of Kenyans (all age groups) own homes in rural areas, only two per cent own homes in urban areas. In urban areas where land values are steadily rising, owning a home increases your net worth and contributes to inter-generational wealth. No landlord: Most tenants fantasise about not paying rent. Most homeowners forced to relocate opt to find a tenant who will pay rent and keep the house occupied. Lots of people who own homes far from town have had to rent closer to their workplaces.

Source: The Star May 28, 2023 05:45 UTC