₦airaland Forum

“You Put 2-Bedroom Flat for ₦2.5M and Say You Don’t Want Yahoo Boys” – Man Blasts Asaba Landlords

A young Nigerian man has gone viral after publicly calling out landlords in Asaba, Delta State, over what he described as the outrageous cost of house rents.

In the trending video, the man expressed frustration that landlords are charging ₦2.5 million to ₦3 million for a two-bedroom flat, yet openly declare that they do not want internet fraudsters (yahoo boys) as tenants. Eyes Of Lagos reports,

“Which Normal Worker Fit Pay ₦3 Million Rent?”

Visibly upset, he posed a direct question to landlords:

“Asaba landlords, how you go put 2-bedroom flat for ₦2.5 million, ₦3 million and you go open mouth say you no want yahoo boy?”

He went further to ask if such landlords were “mentally alright,” arguing that no civil servant or regular worker could afford such rent based on Nigeria’s minimum wage and average salaries.
Only Yahoo Boys Can Afford It – Man Claims

According to him, landlords are indirectly targeting fraudsters and wealthy individuals, since ordinary Nigerians cannot pay such huge amounts for accommodation.

He stressed that with the current economic hardship, it was unrealistic for anyone with a legitimate income to comfortably spend millions on rent.
Nigerians React Online

The man’s outburst has triggered mixed reactions across social media:

Some users agreed that house rents in Asaba and other major Nigerian cities are now beyond reach for average citizens.

Others blamed landlords for contributing to rising urban inequality by setting prices only the rich or fraudsters can afford.

The debate has added to ongoing conversations about housing affordability and the widening gap between cost of living and income levels in Nigeria.

https://eyesoflagos.com/you-put-2-bedroom-flat-for-%e2%82%a62-5m-and-say-you-dont-want-yahoo-boys-man-blasts-asaba-landlords/

I agree with him 100%.

2-bedroom flat for 2.5 or 3m annual rentage, yet claims you don't want criminal tenants.

Just like saying you don’t want lies, yet you decorate your life with illusions.

Don't blame the landlords (house owners) in Nigeria, blame the tax master President that foisted himself on Nigerians because of Buhari's inefficiency


To build a single storey building in Nigeria today requires a minimum of 110million Naira, this does not include cost of buying land.

Now tell me how you want a house owner to recover his investment if after using such exorbitant amount to erect an upstairs and he collects say 800,000 naira per year as rent? It may take him 50 years or more to recover the money he used to build the house?


Nigerians should direct their anger towards the zero performing owomida government of Tinubu.

Landlord also have his own living cost to bear, and the only way he can recoup is through his house for rent

franchasng:
Don't blame the landlords (house owners) in Nigeria, blame the tax master President that foisted himself on Nigerians because of Buhari's inefficiency


To build a single storey building in Nigeria today requires a minimum of 110million Naira, this does not include cost of buying land.

Now tell me how you want a house owner to recover his investment if after using such exorbitant amount to erect an upstairs and he collects say 800,000 naira per year as rent? It may take him 50 years or more to recover the money he used to build the house?


Nigerians should direct their anger towards the zero performing owomida government of Tinubu.

Landlord also have his own living cost to bear, and the only way he can recoup is through his house for rent

Wrong. Tinubu’s tax drive has its attendant harsh effect, and honestly every chance I get to criticize it I use same. Not because paying tax is wrong but because he is putting the cart before the horse. Make corruption punishable by death and see corruption grounded to 2%. That way Nigerians are happier paying tax.

That said, Nigerians are inherently selfish, forget tax matter. Farmers did same when borders were closed. We take undue advantage of opportunities and people where we can.

I tire oo






33 more characters needed Oga Seun.. ahh

Is it only yahoo boys that can afford 2.5m house rent.

It's because we're way to poor in Africa.
That's why we used think that way

Building materials are really expensive... Nevertheless, The house rent is expensive though.

Tinubu is the root cause of all this and he should be head responsible

Many people's annual salary. 🤣🤣
If to sey i get this money ehhhh, free apartment go full everywhere i swear.

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This is exactly a real problem in Nigeria lately. I was hunting for apartment earlier this year, I am a legit hustler and I can afford to pay for most of the buildings my agents showed me but I have one problem, most of the buildings are filled with Yahoo boys and I can't live with scammers.

Nigerians are extremely POOR people, they believe fraud is the only way they can afford good things just like the OP of this post.

2.5M apartment is not for fraudsters if you know what you are doing as a man

Adewale1603:
Is it only yahoo boys that can afford 2.5m house rent.

It's because we're way to poor in Africa.
That's why we used think that way

So 2.5m is for rich people, wow! Just wow!

You think 2.5m is 2,500 naira abi?

If you want to survive this country, you must compromise coz how? Only rent ooo. Feeding, transportation and children Fees no join oooo.

Adewale1603:
Is it only yahoo boys that can afford 2.5m house rent.

It's because we're way to poor in Africa.
That's why we used think that way

With 70k min wage..how many people can afford that. Definitely not for civil servants

franchasng:
Don't blame the landlords (house owners) in Nigeria, blame the tax master President that foisted himself on Nigerians because of Buhari's inefficiency


To build a single storey building in Nigeria today requires a minimum of 110million Naira, this does not include cost of buying land.

Now tell me how you want a house owner to recover his investment if after using such exorbitant amount to erect an upstairs and he collects say 800,000 naira per year as rent? It may take him 50 years or more to recover the money he used to build the house?


Nigerians should direct their anger towards the zero performing owomida government of Tinubu.

Landlord also have his own living cost to bear, and the only way he can recoup is through his house for rent

Balderdash

A house is an investment for the landlord. It is a tangible asset that always appreciates in value and he can always sell the house anytime at a profit in figures greater than what he built the house with.

Landlords are not expected to recoup the cost of building their houses in 10 years from tenant rents. The rent gotten is an additional income he can be using for his monthly expenses and the intent is never to recoup it from rents over a 10 or 12 year period.

We get things so wrong in Nigeria

Na so everywhere o!

Where I was paying 400k a couple of years ago now goes for about 1.5M now for a two bedroom flat with one toilet.

The government should better start regulating the prices rental prices. Even Agbor that's a village (if not for okowa), is also calling huge sum for rental. Tell me which company/work dey for Agbor?

Look at Benin City, apart from hotels and bar, which company or big office dey for Benin City? How many people dey work for NPDC? What's even the minimum wage? 😔

franchasng:
Don't blame the landlords (house owners) in Nigeria, blame the tax master President that foisted himself on Nigerians because of Buhari's inefficiency


To build a single storey building in Nigeria today requires a minimum of 110million Naira, this does not include cost of buying land.

Now tell me how you want a house owner to recover his investment if after using such exorbitant amount to erect an upstairs and he collects say 800,000 naira per year as rent? It may take him 50 years or more to recover the money he used to build the house?


Nigerians should direct their anger towards the zero performing owomida government of Tinubu.

Landlord also have his own living cost to bear, and the only way he can recoup is through his house for rent

As he put the house for that amount, if nobody rent am, how will he recover his money back, we are just wicked to our selves,

AntiChristian:
Na so everywhere o!

Where I was paying 400k a couple of years ago now goes for about 1.5M now for a two bedroom flat with one toilet.

please don’t post false information on nairaland.
How 30 Kpa/ month fit pay rent of 1.5 m

femi4:
With 70k min wage..how many people can afford that. Definitely not for civil servants

those houses are obviously for the elites that can afford it, those that live and can maintain expensive lifestyle without involving in crime or fraud and not for the average Nigerians and civil servants. So it ain't a justification for going to into crime or doing yahoo. It's not meant for yahoo.

Last last everyone will go back to his father's house. Which time asaba start to dey charge that kind of house rent? Which commercial hub dey Delta state? Are they comparing themselves to Lagos?

Adewale1603:
those houses are obviously for the elites that can afford it, those that live and can maintain expensive lifestyle without involving in crime or fraud and not for the average Nigerians and civil servants. So it ain't a justification for going to into crime or doing yahoo. It's not meant for yahoo.

That’s a normal building..nothing extravagant about it. Check the pix again

A level 10 upward should be able to afford such rent in a saner clime

franchasng:
Don't blame the landlords (house owners) in Nigeria, blame the tax master President that foisted himself on Nigerians because of Buhari's inefficiency


To build a single storey building in Nigeria today requires a minimum of 110million Naira, this does not include cost of buying land.

Now tell me how you want a house owner to recover his investment if after using such exorbitant amount to erect an upstairs and he collects say 800,000 naira per year as rent? It may take him 50 years or more to recover the money he used to build the house?


Nigerians should direct their anger towards the zero performing owomida government of Tinubu.

Landlord also have his own living cost to bear, and the only way he can recoup is through his house for rent

Stop talking nonsense! Were these houses just built yesterday? Rubbish

Na the same 2.5million I dey pay here in Abuja.

God help me to build my house.

It's worse in Lagos. You cannot be doing 9-5 job and afford a decent flat in Lagos.

ibechris:
Na the same 2.5million I dey pay here in Abuja.

God help me to build my house.

My Brother, Mr Blogger, Dey Greet You

How is life, treating you over there?

It's cool to live in a decent accomodation. But the way it is now is to cut your coat according to your pocket

post=136964400:
My Brother, Mr Blogger, Dey Greet You

How is life, treating you over there?

Harsh,but I go survive.

Na the poor me I dey pity so...because I don't see away for them in the country now.

franchasng:
Don't blame the landlords (house owners) in Nigeria, blame the tax master President that foisted himself on Nigerians because of Buhari's inefficiency


To build a single storey building in Nigeria today requires a minimum of 110million Naira, this does not include cost of buying land.

Now tell me how you want a house owner to recover his investment if after using such exorbitant amount to erect an upstairs and he collects say 800,000 naira per year as rent? It may take him 50 years or more to recover the money he used to build the house?


Nigerians should direct their anger towards the zero performing owomida government of Tinubu.

Landlord also have his own living cost to bear, and the only way he can recoup is through his house for rent

Houses that they have built even before APC came into power nko? And those houses still go for the said amount. Call it what it is. Nigerians are the problems of Nigeria. We love taking advantage of others.

franchasng:
Don't blame the landlords (house owners) in Nigeria, blame the tax master President that foisted himself on Nigerians because of Buhari's inefficiency


To build a single storey building in Nigeria today requires a minimum of 110million Naira, this does not include cost of buying land.

Now tell me how you want a house owner to recover his investment if after using such exorbitant amount to erect an upstairs and he collects say 800,000 naira per year as rent? It may take him 50 years or more to recover the money he used to build the house?


Nigerians should direct their anger towards the zero performing owomida government of Tinubu.

Landlord also have his own living cost to bear, and the only way he can recoup is through his house for rent

Ọgá forget the tax matter.... You wicket. You be Wike cousin. Small thing una don mention Tax, Mention building materials. Building materials for houses wey dem don building for 10 years back too? Houses wey some landlords no dey even gree maintain? Landlords go do their own, House agents too go do their own.

I sha no fit wicket like this.

autoez:
Many people's annual salary. 🤣🤣
If to sey i get this money ehhhh, free apartment go full everywhere i swear.

Less than 25% of Nigeria working population earns less than that amount

Adewale1603:
Is it only yahoo boys that can afford 2.5m house rent.

It's because we're way to poor in Africa.
That's why we used think that way

Many Nigerians don't earn 300k per annum. 95 percent don't have 500k on their account. Someone earning 400k a month is not a junior staff.
Someone earning 400k a month without illegal stuff can't rent a 2.5m apartment
So what remains for the target market for such rent?
You still pay profs 450k a month till date