Factors Influencing Real Estate Investment in Kenya; a Case of Uasin Gishu County, Kenya

Abstract

According to a report by the National Housing Corporation (NHC), the Vision 2030 estimates that the country requires 200,000 new units of housing but only 35,000 units have been produced to date. That means Kenya currently has a deficit of 165,000 housing units. Based on these arguments the study is set to achieve the following objectives; to establish how financial factors influence real estate Investment, to determine how population growth influences real estate investment and to establish how House Price influence real estate investment. This study will be conducted in Uasin Gishu County, Eldoret town and it will be conducted between the month of July and September 2017. Moreover the study will be limited to some extent since some respondents might treat the study with suspicion that the study findings may be used to victimize them. A survey research design will be adopted in this study and a total of 109 respondents will be targeted as the target population of the study. In this study the researcher will adopt census sampling method due to the nature of the population. The data collection instrument used to collect data from the sampled population was the questionnaires. The Questionnaires were administered to the registered property companies and government agencies in charge of urban planning and property approvals within the county. Lastly the study has adopted descriptive research method in analyzing and presenting data.