Why Kenya’s home ownership is falling despite cheaper housing push

A section of built houses during the UN Habitat Delegation site visit to Mukuru Affordable Housing Project in Nairobi on December 11, 2024.

Photo credit: File | Nation Media Group

Kenya’s homeownership rate declined from 64 percent in 2013 to 61 percent in 2024 as the number of renters and squatters outgrew new homeowners. This defied a widely publicised plan by the government to increase home-ownership, especially in urban areas.

The recently published Housing Survey report by the Kenya National Bureau of Statistics reveals deep insights into the home ownership trends in the country, explaining why the government’s affording housing plan is yet to boost home ownership in the country.

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