Politics bad for real estate, says firm

Players are calling for measures that will cushion them against recurrent effects of politicking. FILE PHOTO | NMG

Investors in real estate now want the government to come up with a lasting solution to the country’s macroeconomics to cushion them against losses that they incur every other election year.

They have blamed politics for the poor show last year lamenting how the continuous chest thumping by the big parties had negatively impacted on cash flow complicating the business environment, warning of job losses if drastic measures are not instituted.

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