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Lagos Landlords Will Make Many Destitute In 2026 - Properties (4) - Nairaland

Nairaland ForumNairaland GeneralPropertiesLagos Landlords Will Make Many Destitute In 2026 (14239 Views)

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Re: Lagos Landlords Will Make Many Destitute In 2026 by tunde1200(m): 11:22am On Dec 27, 2025
They hate this advice eh

ryloy:
Solution: Other states need to step up and focus on meaningful development. The South East, for example, is largely underutilized—residents should stay home and invest in their communities by creating opportunities rather than constructing unnecessary mansions.

States should also consider contributing a portion of their allocations to Lagos and other states that are more immigration-friendly.

It’s time to stop overburdening the infrastructure in the South West. 🛑
Re: Lagos Landlords Will Make Many Destitute In 2026 by ryloy: 11:23am On Dec 27, 2025
OredoPikin2:
But Lagos state govt say na people from other Yoruba states they spoil Lagos na and na them plenty pass
They even have to deport some then back to their states and Osun people plenty pass
This must be from mad man
Re: Lagos Landlords Will Make Many Destitute In 2026 by IyaTola: 11:23am On Dec 27, 2025
Killermamba:
if you say agbara I will understand, but you see that okoko it's a no go area for rent, a room self contain goes for as much as 800-1.2m a room and parlor is from 1.3-1.8m 2bedroom is from 1.8m to 2.5m+
if you would be interested in a spacious 3 bedroom for 3m with library and 3 toilets.
Re: Lagos Landlords Will Make Many Destitute In 2026 by IyaTola: 11:26am On Dec 27, 2025
Good morning!

A very spacious 3-bedroom apartment is available for rent in Ajuwon (after Ojodu Berger).

Features:
• 3 bedrooms
• 3 toilets
• Dining area
• Library space
• Well-spaced rooms
Rent: ₦3,500,000 per year

If you or anyone you know may be interested, please feel free to reach out. I’m happy to share more details or arrange a viewing. 🏡

DM or call: +234 802 995 3228
Thank you.
Re: Lagos Landlords Will Make Many Destitute In 2026 by tunde1200(m): 11:48am On Dec 27, 2025
femi4:
The fear of lagos landlord....
Have u build house before if yes is not in a develop area like Lagos.
All of you make mouth online to finish landlords as if you're not going to be one day.
What about food sellers and transportation company that increase price anyhow even as price of fuel come down yet price are high
Re: Lagos Landlords Will Make Many Destitute In 2026 by Elzazzi: 12:01pm On Dec 27, 2025
ajalawole:
Does our government really care.....
House should be more the 500k
Lol. I stay on the island and it’s 2M per year the mini flat. And it’s around Ajah ooo. In Lekki it’s within 3M to 5M.

Even on the mainland it’s quite on the high side. Except those Iyana Paja or outskirts of Lagos into Ogun State!
Re: Lagos Landlords Will Make Many Destitute In 2026 by Lush100(m): 12:10pm On Dec 27, 2025
kaludestiny10:
The houses we are referring to were not built this year but over a decade. Stop justifying man inhumanity to his fellow man.
.

The houses were not built this year?
Abi is the 500k annual rent he was collecting 10 years ago the same in value as this year.
Oh landlord is buying food in market price of over a decade.
You guys have not built house before to collect rent. Don't worry u will build and we would see what you will charge in 10 years time
Re: Lagos Landlords Will Make Many Destitute In 2026 by Richie6(m): 12:11pm On Dec 27, 2025
tommy589:
grin grin grin grin grin
Abi o, as if landlords are not affected by the high cost of goods in the market.
You have to contend and pay different Lagos regulatory agencies just to build a simple house. Who will now bear the cost after factoring the expenses
Is your house a job or you wanna sit down to be collecting rent to feed yourself and your family? The house you built years ago will now be Increased by 1000%
Re: Lagos Landlords Will Make Many Destitute In 2026 by Zocalite: 12:19pm On Dec 27, 2025
ryloy:
Solution: Other states need to step up and focus on meaningful development. The South East, for example, is largely underutilized—residents should stay home and invest in their communities by creating opportunities rather than constructing unnecessary mansions.

States should also consider contributing a portion of their allocations to Lagos and other states that are more immigration-friendly.

It’s time to stop overburdening the infrastructure in the South West. 🛑
Are you under training with reno omockery?

Is it tribalism and agbad0 that have really scuked sense out you

And you live among humans
Re: Lagos Landlords Will Make Many Destitute In 2026 by Zocalite: 12:24pm On Dec 27, 2025
You think it's only Lagos that has increased rent palaver

As we have wicked landlord we have satanic tenants
Re: Lagos Landlords Will Make Many Destitute In 2026 by Father4all: 12:28pm On Dec 27, 2025
You are a complete novice oo. Houses there are very costly too ooo. More costly than what you posted
Re: Lagos Landlords Will Make Many Destitute In 2026 by tommy589(m): 12:34pm On Dec 27, 2025
Richie6:
Is your house a job or you wanna sit down to be collecting rent to feed yourself and your family? The house you built years ago will now be Increased by 1000%
Shebi the value of Naira years ago when the house was built is still what it is now.When it is your turn build your house for charity and invest in stocks or nothing to feed yourself and your family
Re: Lagos Landlords Will Make Many Destitute In 2026 by Lush100(m): 12:46pm On Dec 27, 2025
tommy589:
Shebi the value of Naira years ago when the house was built is still what it is now.When it is your turn build your house for charity and invest in stocks or nothing to feed yourself and your family
.

Oh thinks everything na white collar job.
Leave am.
When he/she us ready to build, when they tell him how much a plot of land will cost, cement, iron rod, wiring , roof , prepaid meter, and borehole partitioning fence gate. That when u see them thinking of patronizing all these real estate scammers because the cost has now dawn on them.

Ordinary bore hole, some cannot do but can shout to highest heaven.

Especially in naija where naira has lost value
Re: Lagos Landlords Will Make Many Destitute In 2026 by dragunov: 1:03pm On Dec 27, 2025
newoffer:
The greed and wickedness in the heart of a regular landlord will lead to more people sleeping on the streets in 2026.... Rents are going as high as 500 percent because of greed. Whatever they are doing now is not sustainable at all. Prices going up from 300k per self contained to 800k. My advice is to move up Okoko and Agbara axis. Since there is train coming to that axis. Best choice
Is it by force to stay in Lagos? Go back to your villages, towns, states and regions. The governors in the SW will not tolerate people sleeping in the streets. They will be taken back to their states of origin. A word is enough the wise.
Re: Lagos Landlords Will Make Many Destitute In 2026 by tommy589(m): 1:03pm On Dec 27, 2025
Lush100:
.

Oh thinks everything na white collar job.
Leave am.
When he/she us ready to build, when they tell him how much a plot of land will cost, cement, iron rod, wiring , roof , prepaid meter, and borehole partitioning fence gate. That when u see them thinking of patronizing all these real estate scammers because the cost has now dawn on them.

Ordinary bore hole, some cannot do but can shout to highest heaven.

Especially in naija where naira has lost value
Do you believe from first quarter of last year to the last quarter of this year,empty lands in some places in Lagos are now a little over 100%. After construction for rentals, their is no way in the world to have ROI in 10 years
Re: Lagos Landlords Will Make Many Destitute In 2026 by engrzico(m): 1:23pm On Dec 27, 2025
Please you guys should not come to Agbara ohh. Stay and face your warrant in Lagos.

newoffer:
The greed and wickedness in the heart of a regular landlord will lead to more people sleeping on the streets in 2026.... Rents are going as high as 500 percent because of greed. Whatever they are doing now is not sustainable at all. Prices going up from 300k per self contained to 800k. My advice is to move up Okoko and Agbara axis. Since there is train coming to that axis. Best choice
Re: Lagos Landlords Will Make Many Destitute In 2026 by OredoPikin2: 1:34pm On Dec 27, 2025
ryloy:
This must be from mad man
Eyah!!!
I know it will be difficult to accept say na Yoruba nor fit afford Lagos and constituting nuisance in Lagos 🤣

https://gazettengr.com/sanwo-olus-government-admits-deporting-371-lagos-residents-to-osun/

Read
Re: Lagos Landlords Will Make Many Destitute In 2026 by IamAtAnger: 1:42pm On Dec 27, 2025
When u build ur house make u dey collect 150k for 2 bedrooms
Richie6:
Is your house a job or you wanna sit down to be collecting rent to feed yourself and your family? The house you built years ago will now be Increased by 1000%
Re: Lagos Landlords Will Make Many Destitute In 2026 by loveth360(f): 1:50pm On Dec 27, 2025
ryloy:
Solution: Other states need to step up and focus on meaningful development. The South East, for example, is largely underutilized—residents should stay home and invest in their communities by creating opportunities rather than constructing unnecessary mansions.

States should also consider contributing a portion of their allocations to Lagos and other states that are more immigration-friendly.

It’s time to stop overburdening the infrastructure in the South West. 🛑
Lagos is no man's land so rest.
Re: Lagos Landlords Will Make Many Destitute In 2026 by femi4: 2:05pm On Dec 27, 2025
tunde1200:
Have u build house before if yes is not in a develop area like Lagos.
All of you make mouth online to finish landlords as if you're not going to be one day.
What about food sellers and transportation company that increase price anyhow even as price of fuel come down yet price are high
See this one. Never lived outside lasgidi

I bought a bag of cement in the days of N1500 per bag

Lagos landlords are wicked, they are only after money and who will fix their houses so that next tenant will pay for the refurbished building
Re: Lagos Landlords Will Make Many Destitute In 2026 by IamAtAnger: 2:20pm On Dec 27, 2025
U have various options though... so it ur choice that matters
femi4:
See this one. Never lived outside lasgidi

I bought a bag of cement in the days of N1500 per bag

Lagos landlords are wicked, they are only after money and who will fix their houses so that next tenant will pay for the refurbished building
Re: Lagos Landlords Will Make Many Destitute In 2026 by Richie6(m): 2:34pm On Dec 27, 2025
IamAtAnger:
When u build ur house make u dey collect 150k for 2 bedrooms
Common sense is not common. Increase your rent but with a reasonable amount. You keep blaming government for their inept attitude but you want to suffocate your fellow human with arbitrary rent increase.
Re: Lagos Landlords Will Make Many Destitute In 2026 by kaludestiny10(m): 2:35pm On Dec 27, 2025
Hahaha. The issue here is not the increment as per day, but the rate and percentage at which the rentage is being increased. It's absurd for a landlord to be increasing his rent every year at over 50 to 100 percent.
Lush100:
.

The houses were not built this year?
Abi is the 500k annual rent he was collecting 10 years ago the same in value as this year.
Oh landlord is buying food in market price of over a decade.
You guys have not built house before to collect rent. Don't worry u will build and we would see what you will charge in 10 years time
Re: Lagos Landlords Will Make Many Destitute In 2026 by Richie6(m): 2:37pm On Dec 27, 2025
tommy589:
Shebi the value of Naira years ago when the house was built is still what it is now.When it is your turn build your house for charity and invest in stocks or nothing to feed yourself and your family
Go and sit down somewhere. You think everyone is like you. Some landlords are still reasonable and understanding. How much was added to salary or businesses that you want collect an arbitrary rent. Fear God and be human please. Let the poor breathe
Re: Lagos Landlords Will Make Many Destitute In 2026 by IamAtAnger: 2:37pm On Dec 27, 2025
Okay in highbrow place like within ojodu-Ikeja if u go ever build house, how much u go dey collect for modern fitted 2bedroom flats?.. 150k na abi
Richie6:
Common sense is not common. Increase your rent but with a reasonable amount. You keep blaming government for their inept attitude but you want to suffocate your fellow human with arbitrary rent increase.
Re: Lagos Landlords Will Make Many Destitute In 2026 by tunde1200(m): 3:35pm On Dec 27, 2025
femi4:
See this one. Never lived outside lasgidi

I bought a bag of cement in the days of N1500 per bag

Lagos landlords are wicked, they are only after money and who will fix their houses so that next tenant will pay for the refurbished building
See you no be you Waka come Lagos
Lagos na my home of birth.
I built my house with 800₦ cement smal. Boy stop boasting
Re: Lagos Landlords Will Make Many Destitute In 2026 by Richie6(m): 3:39pm On Dec 27, 2025
IamAtAnger:
Okay in highbrow place like within ojodu-Ikeja if u go ever build house, how much u go dey collect for modern fitted 2bedroom flats?.. 150k na abi
Nobody mentioned 150k okay. Increase rent reasonably but don't humiliate your fellow human because you built a house.
Re: Lagos Landlords Will Make Many Destitute In 2026 by IamAtAnger: 3:42pm On Dec 27, 2025
Baba you have other options.... its not by force, na ur choice matters.. if e reach u turn u fit guve out free
Richie6:
Nobody mentioned 150k okay. Increase rent reasonably but don't humiliate your fellow human because you built a house.
Re: Lagos Landlords Will Make Many Destitute In 2026 by jerryklopp: 3:57pm On Dec 27, 2025
Vinnie2000:
As a Financial Expert once said

YOUR RENT SHOULD NOT BE MORE THAN YOUR 2MONTHS SALARY. sad
That theory or philosophy rendered my corper friend homeless in Lagos today. Now he is regretting. That statement doesn't follow in current lagos economy for youths, except you want to live in thousands of mile away from your workplace, or find a job with accommodation. Those who are living in Lagos understands what I'm saying.

Brother and sister in Lagos, find a house and forget about this philosophy.
Re: Lagos Landlords Will Make Many Destitute In 2026 by jerryklopp: 4:05pm On Dec 27, 2025
The common sense is as rent increases never accept jobs with peanut salary. If you want to collect low salary, then such a job must come with accommodation and feeding. That is the current trend among youths in Lagos today. Immediately you post any job on the Island (Lekki, Ajah, Ibeju-Lekki), those applying would ask: "Does it have accommodation and feeding?"
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