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CEO at TEREZIM FORTRESS PROPERTIES

🌍🏘️ Join the Conversation! 🏘️🌍 👥 Debate Alert: The Impact of Slum Upgrading Projects on African Real Estate Markets Slum upgrading initiatives across Africa aim to improve living conditions for millions, but how do they shape the real estate landscape? 🤔 📊 On one hand, these projects can: - Boost property values 🏡 - Enhance urban infrastructure 🚧 - Attract investors 🎯 ⚖️ On the other hand, potential issues may arise such as: - Displacement of low-income residents 🏚️ - Increased cost of living 💰 - Gentrification concerns 🌆 ✨ Example 1: Kenya’s Kibera Slum Project saw improved housing and amenities, but also sparked debates over displacement risks. ✨ Example 2: In South Africa, Cape Town’s N2 Gateway Project brought new homes but raised questions on long-term affordability. We want to hear your thoughts! Do slum upgrading projects provide sustainable growth for real estate or are there hidden costs? Share your opinions below! ⬇️🗣️ #Debate #RealEstate #Africa #SlumUpgrading #UrbanDevelopment #Housing #Investment #CommunityImpact

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Kirtis Siemens

Liability and Commercial Assets Insurance Specialist @ BFL CANADA | An Industry Preferred Technical Risk Management Architect Assembling Solutions and Flexible Programs for Medium and Large Business

2mo

Indeed, the impact of slum upgrading projects on African real estate markets is a complex issue. What are your thoughts on this matter? Mutsa Chikede

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