6 Ways Real Estate Industry Solves Rising Crime Rate Puzzle in Kenya
It is also very important that the education system has all hands on deck towards rightful and available local and international employability patterns that are realistic and offers solutions rather than false promises with little or less hope.
Victor Kiplagat
The real estate world is a huge industry that can combat crime if well utilized. The exponential growth of the real estate sector should be tapped into solving the urban crime rate and reducing the unemployment rate in numerous ways. This can be done in the following ways:
1. Formal and informal real estate education
The youth and sundry should be exposed to real estate education and the opportunities it offers for economic empowerment. With the proper knowledge, people can make informed decisions regarding their finances in the real estate sector. This education should be tailored towards practical real estate skills, knowledge, opportunities, and self-dependence for financial growth.
2. Employment opportunities
All employment opportunities should be offered without bias and favor. Construction of government projects should be tailored to the local youths and “common mwananchi”. Initiatives to engage the population that provides employment for the youth in the real estate sector should have proper and appealing remuneration packages and salaries. It is also very important that the education system has all hands on deck towards rightful and available local and international employability patterns that are realistic and offers solutions rather than false promises with little or less hope.
3. Finances
For a long time, real estate growth and career path have been associated with huge financial muscle power. Although to some extent this is the case, loans should be offered to the citizenry that has low-interest rates. The licensing terms and business permits/rates should be friendly. Loan accessibility should be made easier rather than having many bottlenecks that hinder access to loans for ventures into the promising real estate sector and business. The loan repayment period should be adjusted to the current economic growth and state.
4. Public Private Partnerships
Partnerships that are geared towards business growth, real estate planning, urban city development, and infrastructural development should be pursued by the government and the private sector consistently. Common areas of collaboration mapped out for implementation should involve the youth populace in board rooms and “on the ground”. In the same vein, the county and national Government should do massive research and benchmark from the global leaders in Real Estate growth who have made success in the real estate business a reality.
5. Security
Security should be handled collaboratively with the local police chiefs. Correctional facilities that host guests of the state should offer rehabilitation programs that make real estate ventures a perspective and positive economic earner. The security situation should be reviewed and beefed up constantly in estates, streets, posh neighborhoods, and countrywide.
6. Online activity
Homeowners should be cautious about what they post online as it may be used to identify and locate them when they are offline. Security systems that have been installed in homes should be tamper-proof.
Fighting crime is a collaborative effort. Real estate growth and the potential for solving security challenges should not be undermined. With a country that has equal opportunities for all to grow their career and meet their needs, crime will indeed be a thing of the past.
Real estate in solving crime will make the cities, homes, streets, and towns safer. Additionally, safety and secure locations will ultimately attract foreign investments and capital. Security begins with me and you.
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