Generally buying land is dumb unless you want to invest in long term passive investment like trees.
What I have noticed - land leasing rate - has remain stagnat at 5k - for donkey years
while land prices are over a million even in deep rural places.
If you were to earn money from leasing or renting your land - you'd need 200yrs!!
When I decide to retire - I will be leasing land. It stupid to buy land for agriculture unless near Nairobi or such areas - where you looking to re-sale.
Which land issues?
Look at these thing these way ritru bit ritru bit.
Ray Croc once asked an MBA class he was lecturing what business he was in.
They all were amused, saying, "isn't it obvious you are in the fast food business? - Mcdonalds"
He replied. Nope!
"My business is to buy prime lots (what we call plots hapa) in key cities all across the world."
They were stunned.
That is the power of the shamba blo.
In fact mashamba mashinani is the smartest investment juu you are getting in on the ground floor.
Did you not hear Nkooks crying that tushambas in Kwiinya are all overpriced?
Na bado.
By 2040 adamant Hamelliikwano Kwiinyans coming home after being forced to
swallow their egos as TSA collapses
will not even be able to afford an eighth in Garbatula!
An acre in Muthaiga might be going for 3B easy.
The summary of the book Rich Dad Poor Dad is simple.
Nunua shamba Hiyo tu.
Shamba is the ultimate passive investment long term no matter whether you play kalongo, dance isukuti or plant beans on it for a hobby.
With improvements on it things skyrocket even more.
Leasing, agriculture na kadharika are the least of our worries blo.
Look at Jomo's wife and shudrens
Selling Northlands at 40 metre per acre
How much do you suppose they bought it for in the 1960s when that whole area was considered uninhabitable bush mashinani?
I bet you not more than 1000 bob per acre because not even fisis and buffaloes wanted to live there.
Note also that electricity coverage in Kwiinya is now 85%
In ten years time if peace prevails and with WSR at the helm we are talking 99%
Meaning the concept of mashinani will be completely nugatory.
I gambled on a dirt cheap shamba Coasto mashinani just to test the waters and found very many watu wa baras are also investing hapo.
The place is very safe and investable. The same is happening everywhere across the nation.
These year I am gonna ramp up more acres hapo (Coasto) big time, God willing.
The infrastructure there is tatty meaning once it comes in- whether ten years from now or twenty - tuko set settuuu
I will be dishing it out northlands styro for an arm and a leg per acre 20 years from now if God lets me survive that long.
I read an article in the gazettis some years back about a jizee saying he had an opportunity to by land in Lang'ata in the 1960s for nothing or near nothing
His wife discourage him
BITTERLY Nkooks style
so he let the opportunity slip.
At that time Lang'ata was not even considered part of Nairobi per se.
Now you know how much an acre in Langata is going for.
Did you know Mwiki, much of Kasa and surrounding estos were once worthless black-cotton soil scrublands owned by Jomo's clan?
Yep. Now try buying 1/8th in any of those areas today. A metre per 1/8th would be considered a throw away price hapo.
The secret is basically ritru mbit of patience blo. We know what we are doing.
Bottom line, buy up that mashinani land by the tens or hundreds of acres and thank me later blathee.
These secrets are not known by many but now you know.
Ni hayo tu