City Hall rent increase hits low income estates
Tenants in Nairobi City County houses and land owners will start paying higher rents from Thursday in the last phase of fees review that City Hall hopes will raise collections by a tenth.
The increase in rents, more than half in some cases, will see the county raise another Sh50 million from the low-cost houses per year.
The houses are mostly in Eastlands and will see City Hall raise its rent proceeds to Sh520 million.
The housing stock in the county is 18,000 units for which rent ranges from Sh600 to Sh15,000 per month.
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