Monday, June 2, 2008

Africa the new mortgage mecca

Middle class East Africans could find themselves unlikely beneficiaries of the escalating credit crisis in the West as large financial institutions look to new markets to sell their mortgage products.
Until recently, home ownership was considered an unattainable dream even for many middle class people in Kenya, Uganda and Tanzania.
http://www.nationmedia.com/eastafrican/current/Business/biz020620081.htm

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