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streetwise		#11 Posted : Friday, November 06, 2015 11:33:09 AM
Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi		He will have trees worth probably 100M and still have his land
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UpcomingPaperChaser		#12 Posted : Friday, November 06, 2015 12:04:31 PM
Rank: Member Joined: 1/20/2015 Posts: 489 Location: Nairobi		streetwise wrote: He will have trees worth probably 100M and still have his land Trees do not grow well in all types of environments, in this climates actually, especially the profitable ones like eucalyptus and cypress......they only fair well where their is plenty of ground water and where the water table insnt far from the surface! so growing trees om Kitengela i think is misinformed!! Enjoy every moment of your life, you never know when your time will come.
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Swenani		#13 Posted : Friday, November 06, 2015 12:09:06 PM
Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum		mugz wrote: UpcomingPaperChaser wrote: Invest in four wives.... and six mpango wa kandos.......you will die a happy man! You forgot to mention poor!! If Obiero did it, Who Am I?
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MaichBlack		#14 Posted : Friday, November 06, 2015 1:20:17 PM
Rank: Elder Joined: 7/22/2009 Posts: 7,843		hardwood wrote: 10yr ago if someone had used 1m to buy 20acres huko kitengela (at 50k per acre), today he'd have 320m at the current price of 2m per 1/8 th. Land is king. Ever heard of the law of diminishing returns. That land has increased by 320 times. Now, do you seriously expect it to be worth 320 * 320 million = 102 Billion 10 years from now?? and 320 * 102 Billion = 32.8 Trillion 10 years from then (that is 20 years from now)??? Tafakari hayo!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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maka		#15 Posted : Friday, November 06, 2015 1:44:56 PM
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi		instinct wrote: Lolest! wrote: Impunity wrote: hardwood wrote: 10yr ago if someone had used 1m to buy 20acres huko kitengela (at 50k per acre), today he'd have 320m at the current price of 2m per 1/8 th. Land is king. But the bubble will soon burst, it cant hold for another 10 years. Imagine if the guy with 20 acres had planted some trees as well I just dislike this 'sit back' speculation on land 1/4 acre was 600k in kitengela in 2005. Maybe you meant 25years ago 90s...92 to be exact...an acre at Kiserian was 120k... possunt quia posse videntur
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MaichBlack		#16 Posted : Friday, November 06, 2015 1:50:17 PM
Rank: Elder Joined: 7/22/2009 Posts: 7,843		instinct wrote: Lolest! wrote: Impunity wrote: hardwood wrote: 10yr ago if someone had used 1m to buy 20acres huko kitengela (at 50k per acre), today he'd have 320m at the current price of 2m per 1/8 th. Land is king. But the bubble will soon burst, it cant hold for another 10 years. Imagine if the guy with 20 acres had planted some trees as well I just dislike this 'sit back' speculation on land 1/4 acre was 600k in kitengela in 2005. Maybe you meant 25years ago 1/4 acre for 600k in Kitengela in 2005??? Haaapana!!! Too high! Which Kitengela are you talking about?? Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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