Affordable housing in Kenya : a case study of policy on informal settlements
Nabutola, Wafula
Housing is a Human Right in as much as air and/or water. Like food, even those who cannot afford it need it perhaps much more than those who can, because the latter could be in it for the investment returns. By its nature housing represents a major investment requiring a substantial capital outlay. In the majority of housing projects, the developer whether as a corporate or individual has to recognize the time value concept of money? This raises the rate of interest to reflect the high Risk of lending.
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