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    A Dynamic financial optimization approach to structuring mortgage backed securities in Kenya

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    Full-text Undergraduate project (13.46Mb)
    Date
    2018
    Author
    Ng'eno, William Kipyegon
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    Abstract
    Ideally, there should be a match between the demand for housing in an economy and its supply. This would ensure stability in house prices as well as affordability (Munene, 2010). In sub-Saharan Africa, slum populations grow at 4.5 percent per annum (Marx, Stoker, & Suri, 2013). At this rate, slum populations would double every fifteen years. It is expected that Nairobi 's population will grow to over 8 million by the year 2025 given the rapid urban population growth rate. Unlike cities in developed countries, this increase is not accompanied by a corresponding improvement in socio-economic and environmental development (Mutisya & Y arime, 2011 ).
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    http://hdl.handle.net/11071/6491
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    • BBSA Research Projects (2018) [24]

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