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Ati the bubble has burst? Nairobi's top neighbourhoods
Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)
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hardwood wrote:
Sad situation we have in kenya since the data says majority of searches were for apartments to rent. The middle and upper classes should be searching for stand alone houses to buy and not apartments to rent.
But with the open hostility to buying plots and building their own homes among a good percentage of middle class hapa Wazoo what do you expect?  . Not everybady can be a homeowner, homebuilder or property owner, my broda. Some are perfectly happy renting and feeling very bitter that others are building their financial lives very rapidly through real estate.
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Rank: Elder Joined: 1/8/2018 Posts: 2,212 Location: DC (Dustbowl County)
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alma1 wrote:Search, percentages and real data. They can be different. Especially when the source of said data are Jumia, Cyntonn and Hass Consult.
They sell an agenda. Just like Mugundaman.
An increase from 100 searches to 163 looks very good in percentage terms.
What's the real data? How many actually BUY? I'll be willing to explain the difference between traffic and conversions in internet terms to Mugundaman. If he's willing to explain to me why it's soooooo hot in the dustbowl.
Mugundaman, find out why real estate agents prefer other platforms other than Jumia to SELLLlll their properties. What agenda are they and Mugundaman selling and of what benefit would it be to both the former and latter parties? Kindly enlighten us!
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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@mugundaman is right. Search data is very important coz it shows/reflects what the market wants.
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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alma1 wrote:Search, percentages and real data. They can be different. Especially when the source of said data are Jumia, Cyntonn and Hass Consult.
They sell an agenda. Just like Mugundaman.
An increase from 100 searches to 163 looks very good in percentage terms.
What's the real data? How many actually BUY? I'll be willing to explain the difference between traffic and conversions in internet terms to Mugundaman. If he's willing to explain to me why it's soooooo hot in the dustbowl.
Mugundaman, find out why real estate agents prefer other platforms other than Jumia to SELLLlll their properties. You seem to be unschooled in matters internet. Jumia and other property websites are the future in property marketing. Potential clients can view the properties, the rooms, the bathrooms, the kitchen, the garden, the neighbourhood etc before even making a physical visit. A lot of to-buy/rent-or-not decisions are made after searching jumia and co. Also a property that is searched for more is more likely to be bought or rented out unlike one where few people show interest. @alma you should visit the equivalents of jumia in other countries e.g. property24.co.za (SA), zillow.com (US) and realestate.com.au (Australia) to be enlightened on the convergence of "jumia" and real estate.
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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hardwood wrote:@mugundaman is right. Search data is very important coz it shows/reflects what the market wants. Yes, but sample size matters. What if the searches were done by a mere 10/5/ 100/500/2000 people? What if both the wife and hubby did the searches separately? The search data from Jumia is not reliable and scientific If Obiero did it, Who Am I?
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Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Swenani wrote:hardwood wrote:@mugundaman is right. Search data is very important coz it shows/reflects what the market wants. Yes, but sample size matters. What if the searchers were done by a mere 10/5/ 100/500/2000 people? What if both the wife and hubby did the searches separately? The search data from Jumia is not reliable and scientific Even opinion polls use sample sizes of about 2000 people and they more or less accurately reflect what the 40m kenyans want. So jumia is also a very reliable tool, particularly for gauging the needs for the middle and upper classes who are more likely to use such tools in house hunting.
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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hardwood wrote:Swenani wrote:hardwood wrote:@mugundaman is right. Search data is very important coz it shows/reflects what the market wants. Yes, but sample size matters. What if the searchers were done by a mere 10/5/ 100/500/2000 people? What if both the wife and hubby did the searches separately? The search data from Jumia is not reliable and scientific Even opinion polls use sample sizes of about 2000 people and they more or less accurately reflect what the 40m kenyans want. So jumia is also a very reliable tool, particularly for gauging the needs for the middle and upper classes who are more likely to use such tools in house hunting. Opinion poll is scientific and very representative. What if I use my home laptop to do a search, do a similar search at the office using a work laptop while at the same time my wife does a similar search at her workplace? In Jumia, they will count those to be three different searches young man If Obiero did it, Who Am I?
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Rank: Veteran Joined: 7/8/2008 Posts: 947
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Swenani wrote:hardwood wrote:Swenani wrote:hardwood wrote:@mugundaman is right. Search data is very important coz it shows/reflects what the market wants. Yes, but sample size matters. What if the searchers were done by a mere 10/5/ 100/500/2000 people? What if both the wife and hubby did the searches separately? The search data from Jumia is not reliable and scientific Even opinion polls use sample sizes of about 2000 people and they more or less accurately reflect what the 40m kenyans want. So jumia is also a very reliable tool, particularly for gauging the needs for the middle and upper classes who are more likely to use such tools in house hunting. Opinion poll is scientific and very representative. What if I use my home laptop to do a search, do a similar search at the office using a work laptop while at the same time my wife does a similar search at her workplace? In Jumia, they will count those to be three different searches young man That's exactly what happens. All the properties i have bought is by driving around and seeing signs of development and change. I usually buy offplan. The Jumias and Villa cares do not have good deals. They are at best appropriately priced and more likely overpriced. The majority of renter in Nairobi don't get their rentals from Jumia but by walking around asking "huku kuna nyumba" Their data is very biased and skewed and there is no way anyone in his right mind
would take their data at face value. It represents a very small population that is not doing well right now!
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Rank: Elder Joined: 9/19/2015 Posts: 2,871 Location: hapo
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hardwood wrote:alma1 wrote:Search, percentages and real data. They can be different. Especially when the source of said data are Jumia, Cyntonn and Hass Consult.
They sell an agenda. Just like Mugundaman.
An increase from 100 searches to 163 looks very good in percentage terms.
What's the real data? How many actually BUY? I'll be willing to explain the difference between traffic and conversions in internet terms to Mugundaman. If he's willing to explain to me why it's soooooo hot in the dustbowl.
Mugundaman, find out why real estate agents prefer other platforms other than Jumia to SELLLlll their properties. You seem to be unschooled in matters internet. Jumia and other property websites are the future in property marketing. Potential clients can view the properties, the rooms, the bathrooms, the kitchen, the garden, the neighbourhood etc before even making a physical visit. A lot of to-buy/rent-or-not decisions are made after searching jumia and co. Also a property that is searched for more is more likely to be bought or rented out unlike one where few people show interest. @alma you should visit the equivalents of jumia in other countries e.g. property24.co.za (SA), zillow.com (US) and realestate.com.au (Australia) to be enlightened on the convergence of "jumia" and real estate. Please school me. I want you to take your time and talk to real estate brokers. Stop reading their data. Just talk to the guys on the ground. But if you wish to rely on Jumia and Cyntonn for property analysis. isorait. Thieves are not good people. Tumeelewana?
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Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi
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alma1 wrote:hardwood wrote:alma1 wrote:Search, percentages and real data. They can be different. Especially when the source of said data are Jumia, Cyntonn and Hass Consult.
They sell an agenda. Just like Mugundaman.
An increase from 100 searches to 163 looks very good in percentage terms.
What's the real data? How many actually BUY? I'll be willing to explain the difference between traffic and conversions in internet terms to Mugundaman. If he's willing to explain to me why it's soooooo hot in the dustbowl.
Mugundaman, find out why real estate agents prefer other platforms other than Jumia to SELLLlll their properties. You seem to be unschooled in matters internet. Jumia and other property websites are the future in property marketing. Potential clients can view the properties, the rooms, the bathrooms, the kitchen, the garden, the neighbourhood etc before even making a physical visit. A lot of to-buy/rent-or-not decisions are made after searching jumia and co. Also a property that is searched for more is more likely to be bought or rented out unlike one where few people show interest. @alma you should visit the equivalents of jumia in other countries e.g. property24.co.za (SA), zillow.com (US) and realestate.com.au (Australia) to be enlightened on the convergence of "jumia" and real estate. Please school me. I want you to take your time and talk to real estate brokers. Stop reading their data. Just talk to the guys on the ground. But if you wish to rely on Jumia and Cyntonn for property analysis. isorait. Yeah I agree with hardwood here. Alma this seems like a conspiracy theory. If you do have better data or facts, kindly present them otherwise we have to rely on their data. Also, I as a real estate investor and I speak from experiencewould : 1. See something online (these days only a very small percentage buy houses advertised on newspapers or property mag 2. Do my research on it, area rental market(if I intend to buy to let) 3. Call the broker for more info 4. Site visit then decide
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Ati the bubble has burst? Nairobi's top neighbourhoods
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