Hardship: Rent Defaults Soar As Landlords, Tenants Clash - Properties (3)

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Hardship: Rent Defaults Soar As Landlords, Tenants Clash - Properties (3) - Nairaland

Nairaland Forum / Nairaland / General / Properties / Hardship: Rent Defaults Soar As Landlords, Tenants Clash (26277 Views)

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Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by purples25(f): 9:39pm On Mar 25

Is Tinubu the problem? Because it seems Nigerians are actually just wicked to each other. We increase prices based on the situation, and even if things get better, we never bring prices down.

Apart from the government being wicked to us, we are also wicked to ourselves. Imagine all business people sitting on their high prices and refusing to reduce even when/if NAIRA gains value.

2 Likes 1 Share

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by Josephkabila12: 9:40pm On Mar 25

Arobaga:
Let them clash with cutlass and guns so that population of Nigeria will reduce

Imagine a scenario where landlord voted Peter Obi tenant voted Tinubu after series of landlords warning that Tinubu is a disaster

And tenant now comes back to tell landlord that is he not seeing how the economy is that he should be patient things are hard

Mortuary go full that day

disembark there 48, SVC

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by TOPCRUISE(m): 9:41pm On Mar 25

Those who voted APC especially in Lagos will soon scatter to their respective villages

1 Like

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by TOPCRUISE(m): 9:43pm On Mar 25

purples25:
Is Tinubu the problem? Because it seems Nigerians are actually just wicked to each other. We increase prices based on the situation, and even if things get better, we never bring prices down.

Apart from the government being wicked to us, we are also wicked to ourselves. Imagine all business people sitting on their high prices and refusing to reduce even when/if NAIRA gains value.

Has Naira ever solved inflation even if it gain value

2 Likes

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by COMPAQ(m): 9:44pm On Mar 25

pocohantas:

I am not moved by these estates claiming 24hrs power supply. Most times they would almost kill you with cost. You will have light, but to put on AC go hard you. It is better to just find a normal secure area as a young person and build you life. Don't fall for any estate and 24hrs power scam. Imagine N350 per kilowatt.

It's only become a problem of recent with high diesel cost and poor power from EKEDC/EKEDC. Just 12 months ago diesel was N650.

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by Omalicious1: 9:45pm On Mar 25

Islie:

https://leadership.ng/hardship-rent-defaults-soar-as-landlords-tenants-clash/

If we really want to be honest with ourselves...why would a landlord just increase the rent of a house that isn't new?

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by CaptainFM1: 9:49pm On Mar 25

PointZerom:
Any landlord expecting 100% payment will tell Nigerians if he paid for all the building materials used on that house up front.

SMHFU!

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by Honestey: 9:50pm On Mar 25

The property owners were so quick to increase the rentage for the same tenants who now have to pay more than triple for food, school fees, transports and other daily consumables because of subsidy removal. Most of these tenants are salary earners who are unfortunate to have an imp as Labour Union leader who is more interested in Labour Party political interest than anything else at a time like this. Like it or not unless workers salaries are significantly increased for civil servants too to enjoy Nigeria a bit, there is nothing that can stop more uppercut blows between property owners and tenants in the country.

3 Likes

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by purples25(f): 9:50pm On Mar 25

TOPCRUISE:

Has Naira ever solved inflation even if it gain value

Nigerian government and Nigerians get issues, all of us. Everyone is just for themselves.

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by Honestey: 9:53pm On Mar 25

TOPCRUISE:
Those who voted APC especially in Lagos will soon scatter to their respective villages

They voted for Obi more, so Oni voters are the ones who are going to land right back in their ancestral villages if you look at it critically

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by Hanndye: 9:53pm On Mar 25

victorDanladi:

Which stupid choice that yours is not worse than?

Abeg enough of your cry over a fraud and bigot con man electoral loss

It was not all about Obi. It was about equity, fairness and impartiality. Let's take a traditional rulership as an example. Let's say there are three ruling houses in which two have continously produced kings and not giving the third a chance for one reason or the other. At the time the third house asked for the right to be given a chance, I don't think it's reasonable for it to vote against their own. They are only asking the two other houses to set aside tribalism and give them a chance @fairness.

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by Bluearrow: 9:58pm On Mar 25

PointZerom:
Any landlord expecting 100% payment will tell Nigerians if he paid for all the building materials used on that house up front.

Go & build your house & stop posting nonsense online

5 Likes 1 Share

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by Thazard(m): 9:58pm On Mar 25

Arobaga:
Let them clash with cutlass and guns so that population of Nigeria will reduce

Imagine a scenario where landlord voted Peter Obi tenant voted Tinubu after series of landlords warning that Tinubu is a disaster

And tenant now comes back to tell landlord that is he not seeing how the economy is that he should be patient things are hard

Mortuary go full that day

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by Bluearrow: 10:00pm On Mar 25

PointZerom:

I am a landlord too, it is wrong to disturb a tenant for one year rent under this economy. Only in Nigeria will you see tenants paying up front. At least 6 months rent is ok for now.

Landlord my foot!
Someone that has bought cement & built a house won't post these nonsense u are writing.

5 Likes 2 Shares

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by MasterTeeUSA: 10:01pm On Mar 25

and because you can afford that....you think others should deal with the same. Some landlords work hard to erect their buildings. Tenants can negotiate payments and if landlord says no, they need to move out. You can't force yourself on someone. That is how we create entitled generations.

PointZerom:

I am a landlord in Oseni street Okota. I have told my tenants to be paying small small into my account or 6 months.

6 Likes 1 Share

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by Confirm4real(m): 10:04pm On Mar 25

Una never see nothing under 1year o tongue

Emilokan must complete 8years

1 Like

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by phorget(m): 10:08pm On Mar 25

victorDanladi:

Which stupid choice that yours is not worse than?

Abeg enough of your cry over a fraud and bigot con man electoral loss

A fraud but you cant get him to court.

1 Like

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by noblefrank31(m): 10:08pm On Mar 25

Omo, e no easy for Ezekiel.

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by CaptainFM1: 10:08pm On Mar 25

Omalicious1:

If we really want to be honest with ourselves...why would a landlord just increase the rent of a house that isn't new?

Why did government increase the price of fuel that is always there?

If you understand how inflation works you will understand that everything is connected.

Ideally, every Landlord should give adequate notice to tenants when increasing rent. This will allow for proper planning from both sides.

Honestly speaking, Landlord-Tenant cases in court should not be more than a week before judgement is giving. If the court can adopt 1week time frame for tenancy case, Landlords and Tenants won't be having problems regarding rents.

2 Likes

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by Iceberg3: 10:10pm On Mar 25

helinues:
ToutOrHooligan

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by leisuretym: 10:21pm On Mar 25

DenreleDave:

As usual, Taylor same person using the moniker Scentedgrance leisuretym Prigidypogodo to troll people.. Always rushing to front page to comment non sensible post

Grow up man

This guy is totally lost, I'm who? Using what moniker, you are totally confused

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by DenreleDave(m): 10:24pm On Mar 25

leisuretym:

This guy is totally lost, I'm who? Using what moniker, you are totally confused

Don't be joblz boy

Find something to do with Ur time rather than trolling people online

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by Niok: 10:24pm On Mar 25

If you check am na mostly Yoruba people dey default

2 Likes 1 Share

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by Tealcrestmedia(m): 10:34pm On Mar 25

Everyone is feeling the heat

1 Like

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by MajorOvakporaye(f): 10:46pm On Mar 25

helinues:
Toh

Gutter statement

1 Like

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by Omalicious1: 10:48pm On Mar 25

CaptainFM1:

Why did government increase the price of fuel that is always there?

If you understand how inflation works you will understand that everything is connected.

Ideally, every Landlord should give adequate notice to tenants when increasing rent. This will allow for proper planning from both sides.

Honestly speaking, Landlord-Tenant cases in court should not be more than a week before judgement is giving. If the court can adopt 1week time frame for tenancy case, Landlords and Tenants won't be having problems regarding rents.

Please, kindly explain the increment in rent of a house in which if anything gets spoilt, it's the tenants that repair such thing. Because most landlords are just after getting their rents, even his the roof is leaking, it's the tenant that fixes it.

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by pocohantas(f): 10:57pm On Mar 25

COMPAQ:

It's only become a problem of recent with high diesel cost and poor power from EKEDC/EKEDC. Just 12 months ago diesel was N650.

No, it is not a problem of recent as the post clearly states it was once N195. Even at the former price it was high. I had colleagues staying in such estates and asides bragging of 24hrs electricity, they couldn't afford to put on their electrical appliances. The only good part was they knew the light was there and could have a timetable of when to on/off their refrigerators/ACs.

4 Likes 1 Share

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by FILEBE(m): 10:58pm On Mar 25

Houseontherock1:
Most landlords are not wicked; it's the situation of the country. However, unless we built the house together, my tenants can't tell me how much to bill them for rent. They should realize that this financial hardship concerns everyone and landlords buy from the general markets too. If your income can't take 3 bedroom flats, just move to 2 bedrooms

True. Tenant not in the position to tell a landlord how much rent he should pay. It's the Landlord's property and he can do anyhow he wants. Thay is true .

While some tenants are from hell, some aren't and we expect the landlord to be considerate with these rents in times like this landlord increasing house rents by 30/40 percent is somehow . Some landlords will come and be comparing their houses with others , telling you how much others pay , so you must pay such.

I am a tenant and a landlord. In a span of 5 years. I have only increase rent by 50k as a landlord. As a tenant, landlord has increased rent by 50% of initial rent and he is hinting of future increase .

Somw landloord see it as Business. Will just let to beg for little consideration. How things aren't easy for landlords is also the way they aren't for tenants too

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by Vision101(m): 10:59pm On Mar 25

PointZerom:
Any landlord expecting 100% payment will tell Nigerians if he paid for all the building materials used on that house up front.

Did he pay for the building materials in areas?

2 Likes

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by AlhajiCSO: 11:05pm On Mar 25

DenreleDave:

Don't be joblz boy

Find something to do with Ur time rather than trolling people online

Fergie001 mynd44 nlfpmod Seun Dominique Mukina2
Rule 2

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by Vision101(m): 11:07pm On Mar 25

PointZerom:

I am a landlord too, it is wrong to disturb a tenant for one year rent under this economy. Only in Nigeria will you see tenants paying up front. At least 6 months rent is ok for now.

I have no problem collecting monthly rent from the tenant but the tenant must give me a bank standing order.

It's hard collecting rent annually talk more of monthly.

5 Likes 1 Share

Re: Hardship: Rent Defaults Soar As Landlords, Tenants Clash by davidtemi(m): 11:14pm On Mar 25

PointZerom:
Any landlord expecting 100% payment will tell Nigerians if he paid for all the building materials used on that house up front.

Dey play
U hear... Dey play

2 Likes 1 Share

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