@mkonomtupu, are u seriously telling me that there are banks that give out loans on letters of allotment?
If this is true, this is very serious?
I have little or no remorse for people who go buy land for speculative purposes as is the case with most Kenyans. Buy land in syokimau and wait for it to appreciate is as good as a pyramid scheme.
but I'm finding it very hard to believe that everyone in that area was silly enough to buy land in an area when they knew it was illegal. That is not logical.
The only logical conclusion is that they were hoodwinked by everyone from gov't, municipal offices, lands officials and even their own lawyers. That my friend is a dangerous recipe which begins the downward spiral of property prices in Kenya.
Who wants to buy my plot in Syokimau?
Jose: If I make it through this thug life, I'll see you one day. The Lord is the only way to stop the hurt.