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How Ugandan Brokers Ruined the Real Estate Market - The Witness Uganda
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How Ugandan Brokers Ruined the Real Estate Market - The Witness Uganda
If you scroll through Ugandan property listings online today, you will quickly notice a bizarre and frustrating trend. Brokers are actively advertising plots of land and tired, aging houses in prime Kampala neighborhoods like Kololo or Munyonyo with absurd prices that sit way above their actual valuation. A basic property can easily be listed for $2.5 million. That is often more expensive than a decent family home in many American towns. Yet, th…
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