A review of policy guidelineson real estate management in the Kenya national housing strategy for 1987 - 2000

Abstract

The paper begins off by first examining the Government's efforts in trying to provide housing and infrastructure to the malorlty of the urban towns in the country as highlighted in the Nafional Ho~sir)g Strategy for the period 19~7 '(0 the end of the century, This IS followed by a orlef outline of the macroeconomic framework of the local economy in terms of economic growth,the role of housing in the economy.future demand for houslriq and the housina sector performance in general. It then embarks' on 8 detaiJeCl descrlptlon of the. current Government policies and Practices In the management of real estate In both Hie public and he private sectors. In the light of the foregoing information, various housing policy instruments are discussed eacl1 in detail as they affect the overall economic performance of real estate management in the country. These constraints to strong performance Include: housing financ~;urban land manaaement,town planning regulations,builaing standaras,urban Infrastrucfurft,public sector housing pOlicies,and real. estate legislation. r-or each constraint,current shortcomirig.s are documented and concrete alternatives for overcoming each are defined. The paper concludes with a summary of suggestions for an improved and efficient real estate manaqernenf policy in the country.