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WHY REAL ESTATE VALUE APPRECIATES ANNUALLY IN KENYA.

Residential space in Kenya In Kenya, most investors are now investing in real estate due to the positive cash flow attach to every property. In return, they gain financial freedom and secure their goals as well. Annually, Real estate appreciates in value not only in Kenya but also worldwide. Here are the reasons why there is a significant increase in value of real estate property specifically in Kenya; 1. Rapid growth in population. With rapid growth in population especially in urban areas, most Kenyans have to provide shelter for their families. This definitely results to high demand for more real estate residential projects (housing projects). In other words, this means that increase in demand of more homes directly translates into faster population appreciation in Real Estate prices. 2. General behavior of fiscal inflation. Yearly, property is evidently expensive to develop and also maintain. This becomes a concern due to steady increase in price of construction materials or