Sn 1 EP 10: Still Being Scammed Through Property Scams in Kenya in 2023? BLAME YOURSELF

Sn 1 Ep 10: Still Being Scammed Through Property Scams in Kenya in 2023? BLAME YOURSELF

Off the bat, today’s episode is a deep castigation of anyone who is Still Being Scammed Through Property Scams in Kenya in 2023.

They are out here telling the world about how that developer X or land-selling entity Y didn’t keep their promises to “investors”. And, they want you to believe them.

In 2023?

Property Scams in Kenya are a dime-a-dozen.

If that’s you, tell it to the birds. I don’t wish to hear any of it. It’s your fault.

Yes, sorry for the pain you’re experiencing. I refuse to hold your hand and cry with you. You are to blame. You went to do something you had no idea how to do and then somehow, the rest of us are supposed to mourn with you?

No. Don’t call us for that pity party. Cry in your corner because you have refused to learn how to wade through the murk of the Kenyan property market. It’s OK, hold it against me for telling you the truth. In any case, now that you have gone through the loss, I am clearly not your enemy. Unsympathetic, yes. But I don’t know who would be because if it has happened and you did nothing except cry foul, knowing full well that it has happened many times in the past, then all I can say is that you courted that disaster. Now that it has been visited upon you, stop your complaints. You made that bed. Now lie in it!

Property Scams in Kenya are common.

You are just another statistic, one of many. And if you care to look back, even just a mere seven years back, you will see that you are in good company. There are many of you. You chose that fate. I fail to see why you want me to hear all about it!

You may choose to think of me as unfeeling about your plight. In truth, yes, I am.

But, if nothing else, I am offering up to you, in this episode, some insight on how to avoid this fate again someday in future. Take it for what it may be worth. Or not. Again, your choice.

Property Scams in Kenya in 2023: You Only Have Yourself To Blame

I have met many others who were hopelessly enamoured at the prospect of becoming a homeowner and happily plunged into the rock-hard concrete of their dreams before they knew what hit them. They were aware that these schemes are full of risk. Instead of diligently examining their choices, they chose to anchor their decisions in fleeting emotion, herding mentalities and innuendo from social media. Rather than undertaking due diligence before they went ahead to buy that plot, they went with some abstract advice marketing hype generated around these projects. They herded into a bus with the crowd and went to see what was on offer without any due regard to the details.

Now that their title deeds are undelivered, the plots they paid for on the ground with the sweat of their labour are not what they paid for on paper, and that off-plan housing construction project has stalled for more than a year having paid the developer in full, they are busy trooping off to the media houses and complaining to anyone who will listen to their fate, imploring the government to intervene and save them.

Nobody is coming. If this is you, suck it in. Yes, it’s a harsh thing to say. But if that gives you or anyone else thinking about this a much-needed reality check, then so be it.

Let me play Devil’s Advocate. The greedy developer or land seller isn’t the anomaly. In our market, they are a known and constant factor. You are the anomaly. You enable their behaviour and then expect the rest of us to serve up pity? For you? Really?

Property Scams in Kenya take many forms. Let me ask:

• Did you even know what you were supposed to do to at least secure your rights?
• Was the prospect of winning a car if you bought that plot the tipping factor that convinced you that it was a good idea to buy?
• Maybe It was your favourite radio host egging you on who got to you by telling you that the plots were almost finished? No?
• Maybe your drinking buddies convinced you it was a good idea?
• Maybe you saw the fancy video renders, or some grandiose maps with properties marked “sold” or maybe the graphics of that non-existent property?
• Some of you were promised views of the Loldaiga Hills and a golf course which has yet to come and then happily parted with twelve-fifteen times more in value than the thing you were buying was actually worth. You were scammed and you didn’t even know it!

What triggered you and got you sold on the bad idea that caused you to lose your money or regret your choice in the real estate market?

Today, I encourage you to learn where the red flags are before you are caught with your pants down. Before you become the next victim of Property Scams in Kenya, have a listen. This will definitely be instructive for you.

The messenger may be unpalatable, but it’s your duty to do everything you can to make informed choices. And while you may be tempted to quit altogether on account of a past failure, I suggest that you don’t – that you keep going. Don’t let Property Scams in Kenya keep you away from the market.

There is a world of opportunity to do better – make up your losses and even excel. Real estate is worth it!

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Sn 1 Ep 10: Still Being Scammed Through Property Scams in Kenya in 2023? BLAME YOURSELF

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Music: Springtime In The Tropics # 51138859713