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Rural Mansions
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ChessMaster
#11 Posted : Saturday, January 12, 2013 11:13:21 AM
Rank: Elder

Joined: 2/23/2009
Posts: 1,626
Jamani wrote:
@Mkelyd, Good point on counties slowing down property demand in Nairobi, I personally think it depends on who is elected to high office, there are those that believe in the county on those those who will work hard to slow down the counties.
Whichever way you look at it if your rural home is nearby a county or critical upcoming develops, then be sure it will no longer be rural. People will come for it and your neighbours will either sell or develop their portions for commercial reasons forcing you to follow the crowd, I have the examples of Konza area with the proposed IT city, Kisumu after the airport, Obamas home after his election (I have read online that property prices in Kisumu are escalating by the day and some areas prices are similar to those in Nairobi), Lamu with the proposed port, Isiolo as a link up town, Ngamia 1 area after the oil find, among others.

I think county investments(real estate or business) in any count will be based on wealth generation capabilities of the counties.Otherwise,how will the investments generate profits?
Uncertainty is certain.Let go
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Jamani
#12 Posted : Saturday, January 12, 2013 11:52:23 AM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
How will property investment generate returns in the counties.

1. Government will decentralize sending staff to the counties, housing will be required.
2. Government will need offices in most of these counties.
3. Subsidiary companies that supply to the government will also decentralize
4. Government will provide funds to each county for development, roads, Hospitals, etc.
5. Counties will attract investments based on their investments policies, natural resources, population, infrastracture etc.

Its a lot more than i have mentioned above, just look at what the universities have done to property investments in areas they have moved into then look at the bigger picture if government decentralizes.
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murchr
#13 Posted : Saturday, January 12, 2013 5:16:26 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Am amazed when I read on how wazuans believe devolution will move people to the counties? Let me ask, apart from govt, who else is moving, where and when? Even govt, when is it moving?

@mkeiyd, how long does it take to get to muranga from nrb in this day? about an hr? or 1 hr 30 mins? isnt that the same time it takes to get to some of these city estates?...some people have seen this wisdom, most ppl who have homes in machakos are now commuting daily.
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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mapozi
#14 Posted : Monday, January 14, 2013 5:27:26 PM
Rank: Member

Joined: 4/21/2011
Posts: 119
While @ this topic. I have decided to build a simple one in my rural area, Bunyala. No land. Is there any wazuan who is knowledgeable concerning that part of the country? I.e. which are the best places(i.e. upcoming therefore would build up future opportunities for investments?), the going rates, etc.
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mawinder
#15 Posted : Monday, January 14, 2013 5:44:35 PM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
mapozi wrote:
While @ this topic. I have decided to build a simple one in my rural area, Bunyala. No land. Is there any wazuan who is knowledgeable concerning that part of the country? I.e. which are the best places(i.e. upcoming therefore would build up future opportunities for investments?), the going rates, etc.

Which Bunyala Busia or Kakamega?
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GGK
#16 Posted : Monday, January 14, 2013 8:21:17 PM
Rank: Member

Joined: 11/21/2006
Posts: 608
Location: Ruiru
Empty rural homes don't make lots of sense.
But so do many things people do.... but we still do them in pursuit of "happiness"
"..I am because we are. "― Ubuntu, Umtu,
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jamplu
#17 Posted : Monday, January 14, 2013 9:50:54 PM
Rank: Veteran

Joined: 3/25/2010
Posts: 939
Location: Nai
A decent house at your rural home is worthwhile especially if there are money generating projects or you are the type who like relaxing in the country side. If you have the money and are wise enough to know how to go about it go for it. Just build a not so big decent bungalow na ujenge pole pole take your time even 5 years it will barely have any effect on your finances.
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mmarto
#18 Posted : Tuesday, January 15, 2013 9:52:25 AM
Rank: Member

Joined: 4/20/2010
Posts: 412
Location: nairobi
Also note that building in up-country is almost 4 times cheaper than in Nairobi or your Malindi holiday home.
The only time you should be looking down on others is when you are helping them up.
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mapozi
#19 Posted : Wednesday, January 16, 2013 1:28:39 PM
Rank: Member

Joined: 4/21/2011
Posts: 119
mawinder wrote:
mapozi wrote:
While @ this topic. I have decided to build a simple one in my rural area, Bunyala. No land. Is there any wazuan who is knowledgeable concerning that part of the country? I.e. which are the best places(i.e. upcoming therefore would build up future opportunities for investments?), the going rates, etc.

Which Bunyala Busia or Kakamega?


Busia
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sparkly
#20 Posted : Friday, January 18, 2013 10:00:58 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
mmarto wrote:
Also note that building in up-country is almost 4 times cheaper than in Nairobi or your Malindi holiday home.


Cheaper but sunk costs.
Life is short. Live passionately.
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