54% of Kenyans believe that they will not own a house based on their housing levy contribution: According to TIFA recent polls

 


Nairobi, Kenya July 5…Trends and insights for  Africa (TIFA) research report on national survey that was conducted between the 23rd and 30th June 2023 on 1530 respondents in different counties on the introduction of housing levy indicates that 54% of Kenyans do not believe that they will get an opportunity to own a house

“By contrast and unsurprisingly, nearly all opposition supporters oppose it (84%) suggesting that to a large extend such opinions are more a reflection of political alignment that of the details of program alignment itself” TIFA analyst Tom Wolf said.

In addition, the Research shows best provision under president Ruto’s leadership are Education support 4%, Housing levy 4% and 3% on subsidized farm inputs while the worst provision on the 2023 budget are 24% increase on Value added Tax (VAT) on fuel from 8 to 16 %, 10% increase on tax on basic commodities and 10 % housing levy

On the expectation of house ownership through the housing levy research shows that 69 % does not support housing levy while 24% supports housing levy and 7 % had no opinion on the matter in addition on the expectation that those who pay will ever get the house 54 % shows that they will not acquire while 11 % may get and 20 % are not sure

Moreover, those who pay the housing levy will ever get a house are quite most, with nearly five times as many Kenyans certain that they will not as compared to those who certain that they will (54% vs 11%).Tifa said

3% was the early housing levy initial proportion which was later revised to 1.5% as Kenyans call the government for reduction bearing the high cost of living terming the addition of 3% as a burden to cope with

 

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