My friend who is a real estate developer in Lagos was complaining bitterly to me that business has been terrible. I told him it's a general problem affecting the whole country since Tinubu removed subsidy. But he said no, it was worse than that. He told me that Igbos used to be the bulk of their customers. They will send their staff to go to Igbo markets like Alaba, Trade Fair or Ladipo to canvas for investors. They're mostly the ones with cash to invest. But today, they've stopped.

These days there staff are sometimes chased away and threatened never to step foot inside their shops again. The man is from Edo state but is into real estate development in Lagos, Benin and P.H.

His situation prompted me to make further inquiries and what I discovered was quite startling. Something dangerous is happening in Lagos and people are not even aware. There is going to be a severe housing crises in the near future. A three bedroom flat will soon be going for 3 million annually and yet people will find it hard renting one. There is going to be proliferation of slums and shanties all over Lagos.

Anyone who is informed knows that what I'm saying here are facts. When people are no longer building houses. Government isn't either. And population keeps growing, then it will only result in proliferation of slums.

People in Lagos will soon find themselves spending all their income on paying rent. While most others who can't cope will end up in slums.

My friend is now focusing in Benin and P.H. while diversifying away from Lagos property development. Others who are proactive should brace up before it's too late.

Sadwaste:
My friend who is a real estate developer in Lagos was complaining bitterly to me that business has been terrible. I told him it's a general problem affecting the whole country since Tinubu removed subsidy. But he said no, it was worse than that. He told me that Igbos used to be the bulk of their customers. They will send their staff to go to Igbo markets like Alaba, Trade Fair or Ladipo to canvas for investors. They're mostly the ones with cash to invest. But today, they've stopped.
.

Useless 4kn government

Sometimes there is good in bad...

The igbos are looking East

I only have one word for my brothers.
"AKU RUO ULO".

If you are into real estate in the East, this is your time to cash out.

Jekwu my good friend and fellow Obidient, recently bought 2 plots in Asaba and 3 in Ukpor his hometown.
He is currently fencing the Asaba land to give it value, in few years he will sell the Asaba land use the money to build in his villa.

Too much sense no go kill that guy.

Sadwaste:
My friend who is a real estate developer in Lagos was complaining bitterly to me that business has been terrible. I told him it's a general problem affecting the whole country since Tinubu removed subsidy. But he said no, it was worse than that. He told me that Igbos used to be the bulk of their customers. They will send their staff to go to Igbo markets like Alaba, Trade Fair or Ladipo to canvas for investors. They're mostly the ones with cash to invest. But today, they've stopped.

These days there staff are sometimes chased away and threatened never to step foot inside their shops again. The man is from Edo state but is into real estate development in Lagos, Benin and P.H.

His situation prompted me to make further inquiries and what I discovered was quite startling. Something dangerous is happening in Lagos and people are not even aware. There is going to be a severe housing crises in the near future. A three bedroom flat will soon be going for 3 million annually and yet people will find it hard renting one. There is going to be proliferation of slums and shanties all over Lagos.

Anyone who is informed knows that what I'm saying here are facts. When people are no longer building houses. Government isn't either. And population keeps growing, then it will only result in proliferation of slums.

People in Lagos will soon find themselves spending all their income on paying rent. While most others who can't cope will end up in slums.

My friend is now focusing in Benin and P.H. while diversifying away from Lagos property development. Others who are proactive should brace up before it's too late.

Abeg make dem take their drug money go Agulu and Upper Iweka Road. We don’t need blood money in Lagos.

ONYE OMERE AMARALA

DEVELOPING ANOTHER MAN'S LAND WHILE YOUR OWN LIES DESOLATE.

LET THEM CONTINUE SO MY PPL WILL GET SENSE.
YOU WANT AN ISLAND,SOLUDO JUST UNVEILED ONE.OLUMBANASA.YOU PRIDE THAT YOU SAW SWAMP,FILLED IT AND DRVELOPED IT.WE NOW HAVE ONE,GO AND DO WHAT YOU KNOW BEST.

Sadwaste:
My friend who is a real estate developer in Lagos was complaining bitterly to me that business has been terrible. I told him it's a general problem affecting the whole country since Tinubu removed subsidy. But he said no, it was worse than that. He told me that Igbos used to be the bulk of their customers. They will send their staff to go to Igbo markets like Alaba, Trade Fair or Ladipo to canvas for investors. They're mostly the ones with cash to invest. But today, they've stopped.

These days there staff are sometimes chased away and threatened never to step foot inside their shops again. The man is from Edo state but is into real estate development in Lagos, Benin and P.H.

His situation prompted me to make further inquiries and what I discovered was quite startling. Something dangerous is happening in Lagos and people are not even aware. There is going to be a severe housing crises in the near future. A three bedroom flat will soon be going for 3 million annually and yet people will find it hard renting one. There is going to be proliferation of slums and shanties all over Lagos.

Anyone who is informed knows that what I'm saying here are facts. When people are no longer building houses. Government isn't either. And population keeps growing, then it will only result in proliferation of slums.

People in Lagos will soon find themselves spending all their income on paying rent. While most others who can't cope will end up in slums.

My friend is now focusing in Benin and P.H. while diversifying away from Lagos property development. Others who are proactive should brace up before it's too late.

No wonder Asaba here is booming even Awka, Enugu and Owerri is not left out. This time around Igbos are looking for a permanent solution to their odeal

OmoFiditi:
If you are into real estate in the East, this is your time to cash out.

Jekwu my good friend and fellow Obidient, recently bought 2 plots in Asaba and 3 in Ukpor his hometown.
He is currently fencing the Asaba land to give it value, in few years he will sell the Asaba land use the money to build in his villa.

Too much sense no go kill that guy.

My Brother thank God oh, this year has been a very good one for me. The way people are demanding for properties down here is crazy. That is why big Real Estate Companies like PWAN is not joking with their Estates over here.

Sadwaste:
My friend who is a real estate developer in Lagos was complaining bitterly to me that business has been terrible. I told him it's a general problem affecting the whole country since Tinubu removed subsidy. But he said no, it was worse than that. He told me that Igbos used to be the bulk of their customers. They will send their staff to go to Igbo markets like Alaba, Trade Fair or Ladipo to canvas for investors. They're mostly the ones with cash to invest. But today, they've stopped.

These days there staff are sometimes chased away and threatened never to step foot inside their shops again. The man is from Edo state but is into real estate development in Lagos, Benin and P.H.

His situation prompted me to make further inquiries and what I discovered was quite startling. Something dangerous is happening in Lagos and people are not even aware. There is going to be a severe housing crises in the near future. A three bedroom flat will soon be going for 3 million annually and yet people will find it hard renting one. There is going to be proliferation of slums and shanties all over Lagos.

Anyone who is informed knows that what I'm saying here are facts. When people are no longer building houses. Government isn't either. And population keeps growing, then it will only result in proliferation of slums.

People in Lagos will soon find themselves spending all their income on paying rent. While most others who can't cope will end up in slums.

My friend is now focusing in Benin and P.H. while diversifying away from Lagos property development. Others who are proactive should brace up before it's too late.

One real estate neighbor just dey complain about the business yester night sef..

Blackfire:
Sometimes there is good in bad...

The igbos are looking East

East is really good for business. I never how commercially viable Nnewi is untill recently.

drmikeadams:


One real estate neighbor just dey complain about the business yester night sef..

It's really terrible for real estate developers in Lagos. Many of them will either leave Lagos for other cities or diversify into other businesses. Real estate business in Lagos has collapsed.

Sadwaste:
My friend who is a real estate developer in Lagos was complaining bitterly to me that business has been terrible. I told him it's a general problem affecting the whole country since Tinubu removed subsidy. But he said no, it was worse than that. He told me that Igbos used to be the bulk of their customers. They will send their staff to go to Igbo markets like Alaba, Trade Fair or Ladipo to canvas for investors. They're mostly the ones with cash to invest. But today, they've stopped.

These days there staff are sometimes chased away and threatened never to step foot inside their shops again. The man is from Edo state but is into real estate development in Lagos, Benin and P.H.

His situation prompted me to make further inquiries and what I discovered was quite startling. Something dangerous is happening in Lagos and people are not even aware. There is going to be a severe housing crises in the near future. A three bedroom flat will soon be going for 3 million annually and yet people will find it hard renting one. There is going to be proliferation of slums and shanties all over Lagos.

Anyone who is informed knows that what I'm saying here are facts. When people are no longer building houses. Government isn't either. And population keeps growing, then it will only result in proliferation of slums.

People in Lagos will soon find themselves spending all their income on paying rent. While most others who can't cope will end up in slums.

My friend is now focusing in Benin and P.H. while diversifying away from Lagos property development. Others who are proactive should brace up before it's too late.

Mention the developer

Most developers I know of in Lagos are Yorubas and that most buyers are your people is another lie

A simple check on prices of houses in Lagos in November 2023 compared to 6 months ago will prove to you that houses have increased in price month on month. Of course you have no idea because you’ve not made a real estate investment in Lagos

If people aren’t buying, why are prices or houses going up

Over 60% of real estate in Ikoyi, Victoria Island, Lekki to Ikate, Ikeja and Surulere are owned by Yorubas. Some of these lairs will live in a house as tenants and act like it’s theirs. It’s in their DNA

yoruboid:


Mention the developer

Most developers I know of in Lagos are Yorubas and that most buyers are your people is another lie

A simple check on prices of houses in Lagos in November 2023 compared to 6 months ago will prove to you that houses have increased in price month on month. Of course you have no idea because you’ve not made a real estate investment in Lagos

If people aren’t buying, why are prices or houses going up

Over 60% of real estate in Ikoyi, Victoria Island, Lekki to Ikate, Ikeja and Surulere are owned by Yorubas. Some of these lairs will live in a house as tenants and act like it’s theirs. It’s in their DNA

Your problem is ignorance. Being a developer doesn't make you owner of an estate. Go and check those buying the properties in Lagos until recently. Even in parts of Lekki, you will see entire neighborhoods with houses almost completely owned by Igbos. It's the same in many parts of Lagos. That you don't know this shows you're ignorant.

Again, you claimed that prices of houses are going up. How many of those houses have been sold in recent times? Go and ask realtors to compare year on year sales with previous years then come back to me. There are many properties for sale with no buyers in Lagos now, I mean lots of them!

Continue decieving yourself.

You are not intelligent. Let us assume you are telling the truth, when Igbo diversify n invest into real east in Ipobland people will strategically go to those places because of the new development going on there isn't that so ?

That is less pressure on built up places in Lagos right ? So how will Lagos now be in trouble ?

Another point when Nigeria capital was diverted to Abuja did you know how many investment Lagos lost ? Now compare such investment to what a handful of economic saboteurs you Igbo building on waterways represent n compare what Lagos will miss btw the divide yet Lagos felt nothing so your wail of woes will only apply to Ipobland not Lagos

Sadwaste:


Your problem is ignorance. Being a developer doesn't make you owner of an estate. Go and check those buying the properties in Lagos until recently. Even in parts of Lekki, you will see entire neighborhoods with houses almost completely owned by Igbos. It's the same in many parts of Lagos. That you don't know this shows you're ignorant.

Again, you claimed that prices of houses are going up. How many of those houses have been sold in recent times? Go and ask realtors to compare year on year sales with previous years then come back to me. There are many properties for sale with no buyers in Lagos now, I mean lots of them!

Continue decieving yourself.

I hope they learn...see its even better to invest in kano than any part of Yoruba land ....I even want them to demolish those things let those ppl take their investments home

yoruboid:


Mention the developer

Most developers I know of in Lagos are Yorubas and that most buyers are your people is another lie

A simple check on prices of houses in Lagos in November 2023 compared to 6 months ago will prove to you that houses have increased in price month on month. Of course you have no idea because you’ve not made a real estate investment in Lagos

If people aren’t buying, why are prices or houses going up

Over 60% of real estate in Ikoyi, Victoria Island, Lekki to Ikate, Ikeja and Surulere are owned by Yorubas. Some of these lairs will live in a house as tenants and act like it’s theirs. It’s in their DNA

just like this online Cubana

OmoFiditi:
If you are into real estate in the East, this is your time to cash out.

Jekwu my good friend and fellow Obidient, recently bought 2 plots in Asaba and 3 in Ukpor his hometown.
He is currently fencing the Asaba land to give it value, in few years he will sell the Asaba land use the money to build in his villa.

Too much sense no go kill that guy.

I am also buying a two plots already in my state.

Sadwaste:


Your problem is ignorance. Being a developer doesn't make you owner of an estate. Go and check those buying the properties in Lagos until recently. Even in parts of Lekki, you will see entire neighborhoods with houses almost completely owned by Igbos. It's the same in many parts of Lagos. That you don't know this shows you're ignorant.

Again, you claimed that prices of houses are going up. How many of those houses have been sold in recent times? Go and ask realtors to compare year on year sales with previous years then come back to me. There are many properties for sale with no buyers in Lagos now, I mean lots of them!

Continue decieving yourself.

You’re the one deceiving yourself. If the sales are declining, how is it any of your business when you’re not a developer. And if the sales are declining, why are the prices going up instead of remaining stable.

A&A Towers in Eko Atlantic has sold up to 80% of its over 50 apartments at $350,000 each in the last few months. It’s owned by Yorubaman who still has dozens of other highrise projects in VI and Ikoyi. Sujimoto keeps selling luxury apartments in Ikoyi and Banana Island and how many Igbo men do you see him rolling with? His clients are typically Yoruba and Hausa.

And once again I put it to you that most of the houses in VI, Lekki and Ikoyi are owned by Yorubas while the few Igbo tenants keep acting like it’s theirs. They will take an apartment and before you know it, thirteen of them will live there and suddenly they come here and make it seem like they have bought thirteen different houses.

You can check most of the towers in Banana Island, Ikoyi, VI and Lekki. Many are named after Yoruba people and most are Yoruba owned. Why would a Igbo person build a house and name it after a Yoruba person. Does it make sense?

Anyways move your “properties” away instead of ranting about it. No one will miss you. We will have a saner business environment devoid of criminality

Alaigbo:
You are not intelligent. Let us assume you are telling the truth, when Igbo diversify n invest into real east in Ipobland people will strategically go to those places because of the new development going on there isn't that so ?

That is less pressure on built up places in Lagos right ? So how will Lagos now be in trouble ?

Another point when Nigeria capital was diverted to Abuja did you know how many investment Lagos lost ? Now compare such investment to what a handful of economic saboteurs you Igbo building on waterways represent n compare what Lagos will miss btw the divide yet Lagos felt nothing so your wail of woes will only apply to Ipobland not Lagos

U don't sound normal...referring igbo land as ipod land makes u an idiot first hand.

U are just stupid and biased.

Someone is telling u the truth yet ur stupidity has gone before.

Always try to hide ur bad character in public places.

You are lying, u don't know anyone in Lagos. People will pay one million dollars for a legit halfplot of land that is not even in the open.

It wíll go as high as 5-10 million dollars in VI or BI

Sadwaste:
My friend who is a real estate developer in Lagos was complaining bitterly to me that business has been terrible. I told him it's a general problem affecting the whole country since Tinubu removed subsidy. But he said no, it was worse than that. He told me that Igbos used to be the bulk of their customers. They will send their staff to go to Igbo markets like Alaba, Trade Fair or Ladipo to canvas for investors. They're mostly the ones with cash to invest. But today, they've stopped.

These days there staff are sometimes chased away and threatened never to step foot inside their shops again. The man is from Edo state but is into real estate development in Lagos, Benin and P.H.

His situation prompted me to make further inquiries and what I discovered was quite startling. Something dangerous is happening in Lagos and people are not even aware. There is going to be a severe housing crises in the near future. A three bedroom flat will soon be going for 3 million annually and yet people will find it hard renting one. There is going to be proliferation of slums and shanties all over Lagos.

Anyone who is informed knows that what I'm saying here are facts. When people are no longer building houses. Government isn't either. And population keeps growing, then it will only result in proliferation of slums.

People in Lagos will soon find themselves spending all their income on paying rent. While most others who can't cope will end up in slums.

My friend is now focusing in Benin and P.H. while diversifying away from Lagos property development. Others who are proactive should brace up before it's too late.

Sorry for ur loss.

People are still building houses everyday in lag regardless...pele

yoruboid:


You’re the one deceiving yourself. If the sales are declining, how is it any of your business when you’re not a developer. And if the sales are declining, why are the prices going up instead of remaining stable.

A&A Towers in Eko Atlantic has sold up to 80% of its over 50 apartments at $350,000 each in the last few months. It’s owned by Yorubaman who still has dozens of other highrise projects in VI and Ikoyi. Sujimoto keeps selling luxury apartments in Ikoyi and Banana Island and how many Igbo men do you see him rolling with? His clients are typically Yoruba and Hausa.

And once again I put it to you that most of the houses in VI, Lekki and Ikoyi are owned by Yorubas while the few Igbo tenants keep acting like it’s theirs. They will take an apartment and before you know it, thirteen of them will live there and suddenly they come here and make it seem like they have bought thirteen different houses.

You can check most of the towers in Banana Island, Ikoyi, VI and Lekki. Many are named after Yoruba people and most are Yoruba owned. Why would a Igbo person build a house and name it after a Yoruba person. Does it make sense?

Anyways move your “properties” away instead of ranting about it. No one will miss you. We will have a saner business environment devoid of criminality

I was just laughing when Someone here said ibos owned most of the houses in lekki, lekki that at least 75% of the houses there belong to yorubas, it will be very hard self before you see an Igbo in lekki because they make less than 10% of the total population there.

Most of the people here have not stepped their foot in lagos and their kinsmen dey give them steady lamba for village

propsvilla2:


My Brother thank God oh, this year has been a very good one for me. The way people are demanding for properties down here is crazy. That is why big Real Estate Companies like PWAN is not joking with their Estates over here.

PWAN is doing really well....

Sometimes there is good in bad...The Nigerians are looking East..

Huh, do you seek help with your dissertation, assignment, statement of purpose, personal statement, or thesis? Check my profile.

My Relative is into market development and construction . I once advertised it here and got 4 buyers. Igbos are majority of the customers too. According to my relative They have reduced their patronage since elections ended. So many unsold shope.
I be Yoruba but I cannot support Ronu people as they have no money to buy these things😆

https://www.nairaland.com/1491738/50-shops-sale-unity-market#19068732 Link to my post 11 years ago

Till Abaribe come out to differentiate btw Igbo n ipob land your Igbo father remains the idiot.

Nice2023:



U don't sound normal...referring igbo land as ipod land makes u an idiot first hand.

U are just stupid and biased.

Someone is telling u the truth yet ur stupidity has gone before.

Always try to hide ur bad character in public places.

If possible, the prices of real estate and government taxes in all states outside East should triple or quadruple so that igbos can have sense and return to the East and invest their money in alaigbo. That is a very big step in achieving an independent sovereign Igbo nation.

OmoFiditi:
If you are into real estate in the East, this is your time to cash out.

Jekwu my good friend and fellow Obidient, recently bought 2 plots in Asaba and 3 in Ukpor his hometown.
He is currently fencing the Asaba land to give it value, in few years he will sell the Asaba land use the money to build in his villa.

Too much sense no go kill that guy.

I swear my brother
Make my money complete next year, I wan get at least 2 for Owerri and 1 for Enugu fence them forget for years

Nothing beats landed properties o

ednut1:
My Relative is into market development and construction . I once advertised it here and got 4 buyers. Igbos are majority of the customers too. According to my relative They have reduced their patronage since elections ended. So many unsold shope.
I be Yoruba but I cannot support Ronu people as they have no money to buy these things😆

https://www.nairaland.com/1491738/50-shops-sale-unity-market#19068732 Link to my post 11 years ago

Your developer brother is building under or close to a 225kV power line. When the bulldozers move in, your brother will start screaming blue murder.

Sadwaste:
My friend who is a real estate developer in Lagos was complaining bitterly to me that business has been terrible. I told him it's a general problem affecting the whole country since Tinubu removed subsidy. But he said no, it was worse than that. He told me that Igbos used to be the bulk of their customers. They will send their staff to go to Igbo markets like Alaba, Trade Fair or Ladipo to canvas for investors. They're mostly the ones with cash to invest. But today, they've stopped.

These days there staff are sometimes chased away and threatened never to step foot inside their shops again. The man is from Edo state but is into real estate development in Lagos, Benin and P.H.

His situation prompted me to make further inquiries and what I discovered was quite startling. Something dangerous is happening in Lagos and people are not even aware. There is going to be a severe housing crises in the near future. A three bedroom flat will soon be going for 3 million annually and yet people will find it hard renting one. There is going to be proliferation of slums and shanties all over Lagos.

Anyone who is informed knows that what I'm saying here are facts. When people are no longer building houses. Government isn't either. And population keeps growing, then it will only result in proliferation of slums.

People in Lagos will soon find themselves spending all their income on paying rent. While most others who can't cope will end up in slums.

My friend is now focusing in Benin and P.H. while diversifying away from Lagos property development. Others who are proactive should brace up before it's too late.

If true, the noisy audio billionaire people are leaving. Bye bye.

adamusuleiman1:

Your developer brother is building under or close to a 225kV power line. When the bulldozers move in, your brother will start screaming blue murder.

Na local government approve am if I remember correctly. I don’t think it was under the power line.