Is there Land Scarcity in Kenya?

The land issue in the country continues to be emotive and quite a complex one. One could argue that land scarcity depends on a person’s point of view. Let me give you an example, perhaps you want to purchase a piece of land along Waiyaki Way, or some place near Runda estate. Land will for sure be available but how affordable is it? The price of land within such prime areas leads to unaffordability thereby locking out plenty of people and in actual terms, scarcity.

Land scarcity can be caused by factors such as population pressures, social inequality, and environmental issues.

Population pressures are one concern. Growing numbers of people need more land to live on and support farming to feed them. Human populations can also migrate, which can contribute to land scarcity.

Another contributor is social inequality. People with limited income and assets may not be able to afford land, especially in a rising economy. In this case, land may be available, but inaccessible to many, creating a sensation of land scarcity. Wealthier individuals may also hold a disproportionate amount of available land, which makes it hard to buy into real estate for people with limited resources.

The environment may play a role as well. In many regions, land is protected for farming, game reserves and environmental purposes, or could be in wetlands. This can contribute to land scarcity by locking up supplies of potentially usable land. There may be social benefits to this, such as ensuring that countries can produce enough food, or preserving natural heritage. Policy makers may need to balance the benefits and risks of these practices to decide how and where to conserve land while considering the best interests of the population.

Other factors that contribute to land shortage in Kenya is the fact that over 60% of land remains unallocated and in the hands of the state. Sociocultural factors influencing tastes and land or labor allocations are closely tied to political-economic forces, especially government policies and market conditions.

Therefore, grab every chance that you have now for owning land, as it comes with a sense of security and long-term gain. The factors mentioned among others will only lead to increase in land prices in the country.

Check out our large portfolio to see the amazing and affordable deals we have for you in prime locations. We have prime property in Kiambu County in areas such as Thika and Juja other areas such as Nakuru, Nanyuki and Malindi among others. Purchase now when you can afford to.

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