₦airaland Forum

Richie6:
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

The 2 landlords I ever rented from were good to me.Mister reasonable and understanding,I rarely get tenants that default in payment.
You will know the true meaning of reasonable and understanding,when you start with stacking permits from LG and ends up with Lagos state government requirements that runs into millions.
People that started in a single room that managed their affairs well now own properties in banana island.
It's about a roof over our heads,nothing spectacular.Tell those with modest earnings to rent modest homes in their pocket range.
But if you look for premium apartment you pay in premium

Leave landlord out of this , fight ur government and things will fall in place,
If madness no fight madness, na insane people u go see everywhere

Modified comment

Honestly it's so mad right now. The landlord of my friend increases his rent every year. From 120k for a mini flat in Akute to 250k to 450k and now he's sent a notice that the next rent will be 800k just for a mini flat!

Something needs to be done about this ASAP. No landlord should be allowed to increase rent in less than 3 years!

kcprince:
You guys make it seem as if it is the fault of landlord. A plot of land in Amuwo and other middle class areas on mainland is about 150million . Then add cement 10k per bag , iron rod 1million per ton. At the end of the day you have spent 400million for a six flat house. The average rental return worldwide is 5% , that means you need to make at least 20million annually. Dividing this by 6 flats gives about 3 ,300,000. Adding caretakers margin makes it 3,500,000. This new rates affects old houses as landlords start renovating to modern standards to partake in new rate .

Inflation is to blame

Or perhaps, the properties are just overvalued?

Most working class people do not know this. I swear

Vinnie2000:
As a Financial Expert once said

YOUR RENT SHOULD NOT BE MORE THAN YOUR 2MONTHS SALARY.

alamscolo:
Most working class people do not know this. I swear

lol , this doesn’t make sense to me… cause it’s not possible in lagos.

You need to be realistic with all this motivational talk…


I get work for V.I , because I wan save money make I go Dey live for Magboro or Mowe.. you don calculate cost of transportation daily to work ?!.. that’s penny wise , pound foolish.

There’s school fees , feeding , black tax , flexing,.

This pattern no apply to modern day Nigeria where inflation and bad governance has taken over

#PEACE

dragunov:
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.

The majority of Nigerians who move to Lagos are Yorubas from other South western states, including Yorubas from Kwara and Kogi. This belief that the majority are Igbos is a lie.

YoshihideSuga:
The majority of Nigerians who move to Lagos are Yorubas from other South western states, including Yorubas from Kwara and Kogi. This belief that the majority are Igbos is a lie.

Ah! So, no be you get Lagos again? I thought you have more population than Yoruba in Lagos?

/

50% of the blames can be attributed to the activities of the agents.

/

Let me just say.
We have a lot of reasonable lanlord./lady
I stayed with akso.

I also do likewisw.
However when infkaton set in.
Some of us still try to leave the price at thst amoynr.
I changed when i met unreasonable tenants who wanted me to bear all cost while psying low when rhere are faults to be rectified. And they demanded immediate action even it was not a peak period.
I was basically spending all my monies on them.
Even rent that we refuse increase.
After inflation decided to increase this year. The kind of insulting remarks made change.
Someone was paying 500k rent up to this year for 2 bedroom apartment in Amuwo Odofin with prepaid meter and borehole with painted house.
When i said we had tried and we were going to habe to review to 800k. I got an insultive response.
I sent out and rented it at 1.5M to a lecturer.


I still have someone collection rent 800k below average rent in an area.
We are talking modern house with expensive roofing POP, tilles and 3 toilet prepaid meter water etc. for 2 bedroom
In this place fir such is 2M.

I still allowed 800k.

The best house to rent around Orile, Coker, ijoraa and other area is HOUSE WITH SIGN LIKE THIS HOUSE IS NOT FOR SALE. other building in this axis are going for sale. Before u rent ve careful . Ask around about the house u want to rent before u rent. Check Nepa Bill and other bills. Living in Lagos cities is not interesting. Selfish landlords are making life harsh for the citizens. Government is doing road why are they increasing rent by 500 percent ?

I boarded Keke Napep in Ago area Okota. Can u imagine boarding Keke Napep of 700 naira. U will think am travelling interstate. It was just a nearby area. Everybody is just showing wickedness. quote author=tgmservice post=137922299]


This is the General wickedness and greediness of Nigerians

Food sellers and transportation companies that inflate prices during this period are they any better[/quote]

That 800k is for a single room self contained in Aguda.quote author=yemre post=137928614]Honestly it's so mad right now. The landlord of my friend increases his rent every year. From 120k for a mini flat in Akute to 250k to 450k and now he's sent a notice that the next rent will be 800k just for a mini flat!

Something needs to be done about this ASAP. No landlord should be allowed to increase rent in less than 3 years![/quote]

My Landlord built his house some 45 years ago at the rate of 1.5million. so far he has gotten 50 times of that money. He decide to sell the house because of wayward kids. He want to sell above the actual rates in that area because road construction is going on. He is trapped cos nobody can put 60million in Sari Iganmu half plot. Instead I go to Ijesha and get something modern. His greed now has make him stuck quote author=kaludestiny10 post=137922069]The houses we are referring to were not built this year but over a decade. Stop justifying man inhumanity to his fellow man.[/quote]

We know who spoil Lagos. Check where they live for thousand of years u hardly see improvement. quote author=ryloy post=137923365]

This must be from mad man[/quote]

My forecast be say Lagos go get plenty Destitute in 2026. Apart from some tribe who don't rent but squat everywhere they go. If all Aboki rent house for Lagos prices go go very high. They squat anywhere they like. When the rent is above our major earnings. Lagos Landlord should be ready for drama in 2026. quote author=rossovu post=137922829]A standard 2 bedroom flat in okoko or iyana isashi is 1.2m, landlords are on rampage everywhere in Lagos[/quote]

Shine your eyes oooo. If u see Japan go ooo.

thrillionaire:
Haba?! You wan leave Anguldi? Lol..

Which country you wan go make I follow you

I always say this truth but people will say am a racist. Immediately they all came to Lagos from other Yoruba states things gone sour cos no coordination. quote author=YoshihideSuga post=137932379]
The majority of Nigerians who move to Lagos are Yorubas from other South western states, including Yorubas from Kwara and Kogi. This belief that the majority are Igbos is a lie.[/quote]

newoffer:
Shine your eyes oooo. If u see Japan go ooo.

Yes oo.. Japan too na country wey I nor go mind go. Let's see how it goes.

Na Kiosk my 2 month Salary fit rent now. Wetin we dey take laugh so no be small matter oooo. My Landlord is messing us up. A road construction is going on. Landlord say he no go do septic tank cos road construction don chop off the one he did. Nobody go tell me say Lagos Landlord no dey do juju for their tenant. I expect the new law to allow landlord put up their vacant house online. quote author=Vinnie2000 post=137921866]As a Financial Expert once said

YOUR RENT SHOULD NOT BE MORE THAN YOUR 2MONTHS SALARY. [/quote]

Vinnie2000:
As a Financial Expert once said

YOUR RENT SHOULD NOT BE MORE THAN YOUR 2MONTHS SALARY.

I'm sure even you do not understand that you typed here, So you expect someone earning 500k per month, to pay a rent of 0ne million shey?..

My Landlord built his house 45 years ago but the pressure he is giving us unnecessary pressure that cement is high . Just cheer wickedness quote author=kaludestiny10 post=137922069]The houses we are referring to were not built this year but over a decade. Stop justifying man inhumanity to his fellow man.[/quote]

Lagosians need to double up. Rents and other things are going up. quote author=Killermamba post=137922103] 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+[/quote]

BigYash:
So many are already on the streets.. and na Wetin them dey find for the Lagos me no know. You will work in Lagos,rent and bills will collect all the money.. Except you are earning well or you have multiple businesses doing well, Lagos go make you look like you don't know what you are doing in life..

And it's painful that many doesn't have the courage to leave the state. They stay grow old and retired home with little or nothing..

I'm in Lagos state my salary is 200k I find a way to survive and I pay rent

ogaemma:
Lagos is overrated.
They should come back home and invest.

Is the monopoly the Yorubas they will forever make Lagos a slum, they don't want to extend the ports to porthacourt, warri etc everything must come through Lagos, fools

Hassanmaye:
I'm in Lagos state my salary is 200k I find a way to survive and I pay rent

How many kids do you have? Do you have a car? Are you comfortable with the way your life is at the moment? It's not by earning 200k and begging or dropping details for give aways online and offline o. People must find ways to survive that we all know..

That's not what I am talking about.. anyways people when shoe dey their leg, understand my point..

BigYash:
How many kids do you have? Do you have a car? Are you comfortable with the way your life is at the moment? It's not by earning 200k and begging or dropping details for give aways online and offline o. People must find ways to survive that we all know..

That's not what I am talking about.. anyways people when shoe dey their leg, understand my point..

I'm married I stayed in mainland, my rent is 600k, I do side hustle, I have one kid.

Hassanmaye:
I'm married I stayed in mainland, my rent is 600k, I do side hustle, I have one kid.

You're doing well.. but if you leave that Lagos for a year or two.. You will wished you left earlier.