TIME TO BUILD A HOME AFTER THE PANDEMIC
Life
after the Coronavirus pandemic will never be the same. The real estate is at
the beginning of the end, and waiting for a new uncertain beginning. However,
under the right circumstances, building a house after the pandemic makes for
the most viable living option.
They will need a place to a
safe haven especially after the Covid-19 outbreak. Most people yearned for
urban neighborhoods dominated by family homes but drastic changes are inevitable.
Home concept will have to change as more well to do families will belooking for
a place which can be able to provide self isolate features and enough social
distance from the next pandemic.
A bill proposing partial use of
pension benefits by salaried Kenyans to purchase a residential house is a good
gesture from the Legislature which will boost the the affordable housing
agenda. The residential house will serve the same purpose of securing a home
for retirement
Reasons
to Start Planning Your Home Construction
As
much as the economic conditions are a driving factor, owning your own home is a
lifetime investment. It will improve your living standards significantly and
other benefits that you wouldn’t have, otherwise, been able to enjoy without
your own home.
Current data show that 1 in 5
Kenyans can now afford mortgages while 2 in 5 live in single-roomed houses.
With proper planning, it’s possible that even more Kenyans can build their own
homes in the country after the pandemic augmenting government’s efforts to
increase the number of homeowners. Construction is still very popular among
people aspiring to be homeowners, with over 80% hoping to live in their own
homes compared to rentals.
Building and living in your own
home during this pandemic also provides the security and safety that you need
to protect yourself from contracting the pandemic. Far from that, you can also
transfer your home to other generations through inheritance.
Living in your own home
provides the flexibility of incorporating preferences such as the size, design,
type of security, and other personal tastes in home improvements. These
benefits apply to homeowners with their own homes.
Now more than ever presents the
best time to start planning for building your own home and enjoy its many
benefits.
Source : SusRecomm
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