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Property scene Students, middle class hit hard by housing shortage
Students, middle class hit hard by housing shortage

Students and middle income earners are the most affected by the country’s housing shortage whose shortfall is estimated at 200,000 units annually.

This is according to a report by investment management firm Cytonn Investments released yesterday.

Cytonn said in its first quarter report for the year that preference for the suburbs among most city residents has led to a revolutionary growth in housing and a surge in commercial property. Read more...