Why Kenyan Landlords are in Dire Misery

Landlords

Covid-19 has brought dire effects on Kenyans and more so on the property owners. Statistics have shown that over 70percent of Kenyans have not been able to pay their rent dues on time.

The Kenya national bureau of statistics (KNBS) conducted a national survey in April and it has revealed that there is a decline in the number of people who have been able to pay their rent on time, as the figure shows a decline from 41.7 to 31.6 percent.

Among those interviewed, they claim that the reasons behind the delayed payment of rent arrears were due to low incomes, layoffs, and closure of businesses due to the COVID-19 pandemic. After Kenya reported it’s the first case of COVID-19 on March 12 early this year, the government ordered the closure of schools and bars.

President Uhuru Kenyatta pleaded with landlords to take it upon themselves and reduce rent for it was not in anyone’s control to have this pandemic in the country. Many Kenyans have ended up in dire misery but we all hope this storm shall come to pass.

During the month of April, there was a decline in the number of Kenyans who got rent relief since landlords ignored state calls to protect Kenyans from the virus effects. The figures show a decline from 8.7 percent to 6.7 percent.

Facebook Comments

ANOTHER GREAT ARTICLE:  Message Of Congratulations To The President-Elect Of Malawi H.E Lazarus By Baringo Senator Gideon Moi.

Interesting Articles...