Apparently,the youth in Nairobi are out looking for convenience and affordability when searching for a house to live in while considering factors such as how much they earn and strategic locations for the houses.
They have become more flexible and open minded due to different factors that affect them such as rent expenses, the area in which their work place is located, availability of shops and stall for getting their daily needs among other factors. Earlier on, this was different whereby many campus graduates looked forward to living in leafy suburbs such as Karen, Runda, Karen and Lavington, once they moved out of their parents' homes.
With the mushrooming of good apartments in different parts of Nairobi including its outskirts, open mindedness has continued to grow among young people. Houses are now more affordable in terms of rent expense in order to suit people with basic starting income or even people who earn up to 35,000 Kenya shillings. This houses are not only affordable but also conducive for people to live in. A tenant can now feel and see the worth of his or her money through the houses that they get to live in.
Apartments that are located in Nairobi's outskirts tend to be more affordable compared to those located in or near the central business district. The ministry of housing believes that availability of land in this areas makes it possible low cost of housing. "there will be tax free, VAT (Value Added Tax) and duties exemption on services and inputs into delivery of housing for the low income sector" said Mr. Tirop Kosgey the permanent secretary for the ministry of housing, at an interview with NTV.
Angela Okello a young Art teacher says that the youth should look out for houses that are convenient to them when looking for a house to move into. Angela who once lived along riverside drive says that although the area was a Serene suburb and peaceful, it lacked area for getting her daily needs such shops for vegetable vendors, butchery, local affordable salons and public transport stops. Most of the time she had to shop for this needs in supermarkets that are located in mall of which in most cases were more expensive. Eventually she had to spend more money.
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| a view of Angela's apartment in Ivory Kinoo courtesy of Fiona Mary Okumu |
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| a view of Angela's apartment in Ivory Kinoo courtesy of Fiona Mary Okumu |
"where you live depends on how much you earn" said Ms. okello. She advised young people to consider how much they earn as this is what determines what kind of a home they will end up renting or buying.
She says that her recent house in ivory, Kinoo is quite comfortable for her since the area is near where she works and there is availability if many shopping kiosks with prices that are pocket friendly to her.
Dennis Maritha a young business business man says that young people should learn to think of themselves and not what people will say when the idea of renting a house comes up. "it's all about your pocket not your peers opinion" said Maritha. Most young people face the pressure of wanting to live in costly suburbs just to please their friends and at times end up succumbing to it. Dennis continued to echo what Ms Angela okello had said earlier on in her interview on convenience of an individual as opposed to public opinion.
There are many factors hindering the youth from owning their homes. Most youth who have started out in their initial stages to finance their housing expenses are not given the opportunity to get mortgage loans from the bank or mortgage companies in Kenya. This is due to the amount of money that they earn which in most cases are not able to sustain the mortgage payment that comes with an interest rate as well as sustaining their daily needs. They should let their salary have an increment for a while before considering the option of a mortgage.
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