Here are some of the reactions and concerns raised by Kenyans on Twitter.
Robert ALAI, HSC@RobertAlaiHow the Kenya Kwanza has structured the Housing Fund Govt gives investor land. The investor build the houses and takes 60% while govt gets 40%. Despite being deducted 3% of your salary, you will have to pay 12.5% of the cost of housing upfront to get an allocation. You will pay a Sacco called Boma Yangu the 12.5% to get the allocation. Even if you pay the 12.5%, you are not assured of getting because it’s a raffle. Your 3% is lost and even the extra 12.5% is not guaranteed to deliver you a house. Housing Fund is a SCAM
Mungai Kihanya@mungaikihanya·1hDear fellow Kenyans, I am beginning to think that this National Housing Fund thing is a red herring. Intended to divert our attention from other more serious and punitive tax measures in the Finance Bill 2023. As we're engrossed on housing fund, other taxes be slipped through
Nahashon Kimemia@NahashonKimemiaOrdinary Kenyans wanalia bei ya unga, sukari, stima, na mafuta na wewe uko hapa unawaambia mambo ya basketball courts? What a shameless govt official. Housing Fund is a scam, a govt sanctioned pyramid scheme. Kenyans will lose billions. Nimeona mnataka kuweka Azimio box by giving Uhuru custodial rights to those funds. Your greed knows no bounds
Ochieng@its_fanuelWhen people say the Housing Fund is not a good idea at this time, they are not saying so because they are not patriotic, they are saying so because they are struggling. I am beginning to think that there is some bubble at statehouse that once you get in there, you are divorced from reality that you begin to think all Kenyans pick money from trees or their bill are paid for by taxes like the bills of leaders are. Nothing makes sense of this elitist proposal to add more taxes on hustlers, especially this time when the economy is constricting. The UDA economic team are living in Utopia.
Read also
Kimani Mbugua updates fans after his plea for help