These roads are more expensive than SGR..1Km is 1.1B..SGR cost far less.

[RV Pundit]

Yeah that is all that is needed to curb this. If Gov takes 30% of every gain; then this land speculation will cease. Land is very expensive in kenya for everyone. It is out of this world.

The Capital Gains Tax, if properly implemented, would have gone a long way into cooling the real estate market of speculators. Unfortunately, it's too vague and confusing.

[Georgesoros]

Let the good times roll. An acre in kitisuru for 100mil.
Let it roll.
Even in California its not that expensive. For that kinda money you get beach property in Malibu.
Its not like China where the govt. controls the economy.

Yes it is difficult but the other difficult thing is paying a billion per km to construct a road.
Also why not tax every inch of land to finance building of schools?

Am against any kind of tax but will support this.
This should be managed by achool districr boards. Not national or county

The Capital Gains Tax, if properly implemented, would have gone a long way into cooling the real estate market of speculators. Unfortunately, it's too vague and confusing.

[Kadudu]

That is way too high. A rural road in kenya should not even be a tenth of that amount. Surely in Western Europe that is the price going for a 4 lane highway.
Those are cartels at work. We were told the Chinese who booted out the Asian contractors would bring the prices of building roads down bit to no avail.
The most expensive item in building a road is asphalt component commonly known as tarmac in Kenya. Now these rural roads do not even have an asphalt layer of 2 cm. Now in Western Europe the asphalt layer is never less than 20 cm even for bike and walking lanes.

Yeah, it tragic. Uhuru project to tarmac 10,000kms came a gropper when contractor quoted as much as 200M to tarmac essentially rural roads.]

[RV Pundit]

Totally agreed. Something is clearly wrong somewhere. And it seem there is no leadership to tackle this head on.

That is way too high. A rural road in kenya should not even be a tenth of that amount. Surely in Western Europe that is the price going for a 4 lane highway.
Those are cartels at work. We were told the Chinese who booted out the Asian contractors would bring the prices of building roads down bit to no avail.
The most expensive item in building a road is asphalt component commonly known as tarmac in Kenya. Now these rural roads do not even have an asphalt layer of 2 cm. Now in Western Europe the asphalt layer is never less than 20 cm even for bike and walking lanes.