THE RELATIONSHIP BETWEEN MORTGAGE FINANCE AND REAL ESTATE DEVELOPMENT IN KENYA
AbstractReal estate investment plays a crucial role in providing employment opportunities, offering shelter to households, enhancing income distribution and alleviating poverty. One of the most important factors in real estate development, world over, is its financing. Unlike the developed countries that use stocks and bonds, financing of real estate developments in Kenya is predominantly through mortgage financing. This study will seek to find out the relationship between mortgage financing and real estate development in Kenya. This study will adopt an explanatory research design by review of the literature.
Copyright (c) 2016 JOURNAL OF SOCIAL SCIENCE RESEARCH
This work is licensed under a Creative Commons Attribution 4.0 International License.
The author warrants that the article is original, written by stated author(s), has not been published before, contains no unlawful statements, does not infringe the rights of others, is subject to copyright that is vested exclusively in the author and free of any third party rights, and that any necessary written permissions to quote from other sources have been obtained by the author(s).