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Do this expensive plots get buyers?
JkMwatha
#21 Posted : Wednesday, April 18, 2012 10:17:39 AM
Rank: Veteran


Joined: 9/11/2007
Posts: 816
GGK wrote:
tom_boy wrote:
vky wrote:
if I had 20m wouldnt spend it on real estate think its overrated, now wat I would do is get 100 acres in kajiado for 10m plant fast maturing trees on it, harvest in 7-10yrs and still have change to buy a three bedroomed bungalow off thika rd

I think this business of planting trees is over rated and over simplified. First, which trees of economic value will grow in Kajiado..


I think so.... trees are overrated. I planted some I bought from Karura in 06 and I made to understand they mature within 7-10 years. The last time I checked, they were very thin and don't look anywhere near maturity.

.....



Ditto...


Mine planted 2004 (swallowed the 7-10 yr story - hook, line & sinker).... very tall... "thin and don't look anywhere near maturity."
vky
#22 Posted : Wednesday, April 18, 2012 10:42:50 AM
Rank: Member


Joined: 6/17/2010
Posts: 572
GMO superior eucalyptus trees, when mature you cant tell the difference between one that took years to grow and the GMO one, I still maintain its viable and under exploited save for the greenbelt guyz who bring alot of heat about the GMO trees and it does help to know one Dr. florence wambugu if you want the good stuff otherwise you will end up with very tall thin trees
'One headache for famous medieval holy people was that someone might murder you to acquire your body parts for the relics trade'
pariah
#23 Posted : Wednesday, April 18, 2012 11:21:22 AM
Rank: Member


Joined: 11/24/2011
Posts: 833
sparkly wrote:
Impunity wrote:
pariah wrote:
I always wondered too, I know a friend who is looking for such a plot at the moment and she aptly puts it this way, 'nataka plot nitajenga nyumba ya kijaluo kweli'



pariah = she smile

Konfirmed!



how?


pariah
#24 Posted : Wednesday, April 18, 2012 11:31:23 AM
Rank: Member


Joined: 11/24/2011
Posts: 833
sparkly wrote:
Impunity wrote:
pariah wrote:
I always wondered too, I know a friend who is looking for such a plot at the moment and she aptly puts it this way, 'nataka plot nitajenga nyumba ya kijaluo kweli'



pariah = she smile

Konfirmed!



how?



Pariah=plug, the she s a friend
african coloner
#25 Posted : Wednesday, April 18, 2012 6:37:02 PM
Rank: Member


Joined: 10/8/2010
Posts: 446
Location: london
eco wrote:
@itz, Commercially thinking, an 1/8 of an acre along waiyaki Way (up to 3rd row) in Kinoo is costing around 6M. The same plot can hold 16 units of 2 bedroom Flats, fetching 20k in rent per month. Even though the balance would not finish up the work, where there is a will a way can be found.



16 units of 2bedroom flats on 50x100 plot ia abit too much especially if it is outside the town center or high density area. maximum should be eight otherwise it will be like rumande where one sneezes and everyone catches the cold. longterm investment should hand in hand with responsibility of enviroment and the animals living in it.
a4architect.com
#26 Posted : Thursday, April 19, 2012 8:57:53 AM
Rank: Veteran


Joined: 1/4/2010
Posts: 1,668
Location: nairobi
Mainat wrote:
It depends on your perspective. To make a million, you will usually find that you need to spend 0.5m; to make 10m, you need to spend 5m. Unless you are going to steal, invent something or inherit, that is how wealth is created.


@mainaT

Good observation.
Wealth is created when any or all of the 3 factors of production i.e
Land
Labour
Capital
are utilised efficiently.

Steal.
Steal goods/money=Capital efficiency
Steal Intelectual Property=Labour efficiency

Invent.
Invent ideas,software,surgery method e.t.c=Labour efficiency

Invent appliance,tool e.t.c=Capital efficienty

Inherit.

Inherit asset=Capital efficiency
Inherit land=Land efficiency.


Land.
This is the most important factor of production since Labour and Capital need land to happen.

In Kenya, 80% of arable land is in the hands of 20% of population, hence poverty since people cant produce efficiently.

This anomaly can be restored through Land Value Tax i.e levying tax on idle land hence discouraging idle landlords.


As Iron Sharpens Iron, So one Man Sharpens Another.
a4architect.com
#27 Posted : Thursday, April 19, 2012 10:55:45 AM
Rank: Veteran


Joined: 1/4/2010
Posts: 1,668
Location: nairobi
@ Mainat...
to make KES 1 m, you will need to evaluate which factor of production that when improved with the 0.5m, yields more wealth e.g

for labour,do a masters degree/course in a reputable uni,

for land,buy or improve on the land ,

for capital, buy an asset that complements your labour[skills] e.t.c
As Iron Sharpens Iron, So one Man Sharpens Another.
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