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Blomberg news: House prices in nairobi drop 2.2%
Kaigangio
#11 Posted : Monday, October 05, 2009 7:06:00 AM
Rank: Elder

Joined: 2/27/2007
Posts: 2,768
@ mukwana,

you could be right...the index has been manipulated to give a wrong information to the yet to be buyers and sellers....the index is not representative of the rate of price drops across the board,but rather price comparison on a small scale...the fact is the house prices are falling and pretty fast.


NEVER TALK OF A RHINO IF THERE IS NO TREE NEAREBY - ZULU PROVERB
...besides, the presence of a safe alone does not signify that there is money inside...
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