We buy land for many reasons, but primarily, we purchase land as an investment to save and build a good nest egg for the future. This is a common practice worldwide.
The cultural legacy of buying land in Kenya
In Kenya, people often buy land due to family pressure and as a rite of passage once one becomes a working individual. This tradition has historical roots dating back to the colonial era when all the land belonged to the queen at one point and was later redistributed by the first governing administration. As a result, the first generation sought to regain lost land, which led to purchasing land in various locations. Purchasing land is seen as a more tangible and secure investment than leaving money in the bank.