How to reduce costs of owning a house in urban Kenya today

Affordable housing project on Park Road, Nairobi. FILE PHOTO | NMG

Affordable housing is provided for in the Constitution, which says it should be accessible, adequate and have reasonable standards of sanitation.

However, the costs of owning a home or a house are still beyond the reach of a bigger percentage of Kenyans and can be drastically reduced. They are determined by the cost of construction, land, and mortgage interest rates.

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Note: The results are not exact but very close to the actual.