We look at the growth drivers of the Kenyan real estate market compared to major property bubbles that have been experienced before in Baltic States, United States and Spain, their causes and how they burst, thereby concluding that the Kenyan market is not experiencing a bubble but a normal real estate cycle, and the rapid price increments witnessed are as a result of low supply and high demand.The Government continues to push for Public-Private Partnerships (PPPs) in the country with Treasury Cabinet Secretary Hon. Henry Rotich approving plans by Embu University, South Eastern Kenya University (Seku) and Moi University to build hostels through a PPP arrangement.
