A sharing economy? Unpacking demand and living conditions in the urban housing market in Kenya

A sharing economy? Unpacking demand and living conditions in the urban housing market in Kenya •The majority of Kenyan urban residents are tenants and do not own any property in the country.•Almost half of households share facilities, 40 percent of housing stock is designed and built for sharing.•The housing quality problem? It is lack of kitchens and toilets, more than overcrowding or impermanent materials.•Rents are a significant share of income, but indicate low affordability for ownership, if viewed as mortgage payments.•Market valuations of unit, infrastructure and neighborhood related rent drivers vary significantly by house type and city. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png World Development Elsevier

A sharing economy? Unpacking demand and living conditions in the urban housing market in Kenya

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Publisher
Elsevier
Copyright
Copyright © 2018 Elsevier Ltd
ISSN
0305-750X
eISSN
1873-5991
D.O.I.
10.1016/j.worlddev.2018.04.007
Publisher site
See Article on Publisher Site

Abstract

•The majority of Kenyan urban residents are tenants and do not own any property in the country.•Almost half of households share facilities, 40 percent of housing stock is designed and built for sharing.•The housing quality problem? It is lack of kitchens and toilets, more than overcrowding or impermanent materials.•Rents are a significant share of income, but indicate low affordability for ownership, if viewed as mortgage payments.•Market valuations of unit, infrastructure and neighborhood related rent drivers vary significantly by house type and city.

Journal

World DevelopmentElsevier

Published: Sep 1, 2018

References

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