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The Beauty Of Investing in Penny Lands
young
#21 Posted : Saturday, March 26, 2011 2:17:56 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
My thoughts on Nigeria, Kenya and other emerging developing economies, I can classify the real estate pricing using Kenya (Nairobi environs) as a ref point :-

- Upscale (karens, westlands etc) Over or fully
priced at the bubble stage.

- Emerging suburbs (kitengela etc) almost fully
priced moderate growth potential.

- Penny Lands (settlements behind emerging
suburbs) Cheaply priced at the moment.
Promising growth potentials for investment.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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