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dc.contributor.authorAmatete, Bryson Webuye
dc.date.accessioned2016-10-03T17:14:09Z
dc.date.available2016-10-03T17:14:09Z
dc.date.issued2016
dc.identifier.urihttp://hdl.handle.net/11071/4756
dc.descriptionSubmitted in partial fulfillment of the requirements for the Degree of Mater of Business Administrationen_US
dc.description.abstractDevelopment, pricing and subsequent ownership of real estate in Kenya has been dynamic and occasionally economically volatile while experiencing strong market forces driven by factors such as demand, supply, fiscal environment, cost of land, cost of capital, and other salient factors such as consumer tastes and preferences. However, it is one sector in which the dominant players are the middle or high income earners. The majority of the low income earners do not participate in the development, subsequent pricing, and acquisition or ownership of real estate. This study sought to determine the critical factors that drive real estate pricing and how these factors subsequently influence pricing of real estate among the low-income earners in Kenya. The research applied exploratory research design and a causal approach. The target population for this study was 509 respondents comprising of employees and practitioners of the production group and the public infrastructure group. The study adopted non-probability approach to sampling with purposive sampling as the selected approach. This study used a stratified random sampling method to select 219 respondents. Simple random sampling technique was used to select the sample from each stratum. The study collected primary data from the sampled organisations and/or groups using structured questionnaires. Descriptive statistics were used to analyze relevant data that was collected for an exploratory study. Also inferential statistical methods such as factor analysis, correlation analysis, chi square test and multivariate regression analysis were applied to analyze the data and draw the relevant inferences with regard to the study. The study found that construction cost, financial market dynamics, macroeconomic determinants and structural characteristics were the major determinants of acquisition and ownership of real estate among the lowincome earnersen_US
dc.language.isoenen_US
dc.publisherStrathmore Universityen_US
dc.subjectReal estateen_US
dc.subjectLow income earnersen_US
dc.subjectReal estate pricingen_US
dc.titleEvaluation of critical factors affecting pricing of real estate among low income people in Nairobi, Kenyaen_US
dc.typeThesisen_US


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