Kenyans Criticize Housing Fund Due to High Cost of Living

The directive by President William Ruto to have salaries of public servants deducted by 3%  for the National housing development has received a lot of criticism by Kenyans and those, especially the low-income earners.

The Head of State said that employers will also be compelled to contribute three percent of the Housing Fund.  “Every employee who contributes three percent, the law will compel their employer to also contribute three per cent to Housing kitty,” the added.

Kenyans feels that the idea to force employees to pay the levy is not justifiable considering many Kenyans earn peanuts and with the high price of commodity this becomes even heavy burden on them.

Ruto said the government aims to strengthen the Housing Fund to help more Kenyans purchase affordable housing units. However, a lot of people feels that only few people will benefit from this project. most people are finding the idea unnecessary particularly those people who already have homes so therefore they feel that they will not need the house.

Teacher were on the frontline to oppose the proposal claiming KUPPET secretary general Moses Nthurima said they expect salary increments not deductions. “The last they got a pay rise was under 2016 -21 CBA. But the benefits have been eroded by the 7.5 per cent pension, high NHIF taxes and hyperinflation of the economy,” Nthurima said.

Ordinary people are struggling more and more every day with the price of fuel, food and basic commodities. Industry is being challenged to remain competitive with input and transportation costs rising rapidly and shortages throughout the global economy driving scarcity, threatening to push already punishing costs even higher.

Kenyans are therefore pleading with the government to relieve them from that burden who are already grappling with the high cost of living and at least wait until the state of our economy improves.