The data doesn’t support an overall surplus in Kampala. Greater Kampala already has a housing deficit of 400,000+ units and needs about 62,800 new homes every year through 2030. The real issue is a mismatch: oversupply at the high end, undersupply of affordable housing.
Kampala's housing supply consistently outpaces demand and yet the people looking for decent homes within budget remain many and underserved; we may have a market correction event on the way very soon! Or this dizzyingly complex puzzle will need explanation.View quoted post on X