mortgage stress Kenya

Why People Buy Homes They Can’t Comfortably Afford (The Hidden Psychology of Real Estate Decisions)

The Quiet Crisis in Homeownership Across global cities like Nairobi, London, Toronto, and Mumbai, a growing pattern is emerging—people are buying homes that stretch their finances to the limit or even beyond. On paper, they “qualify” for mortgages. In reality, many are becoming house-poor—owning property but struggling with monthly living costs. This is not just poor financial planning....

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