₦airaland Forum

theophorus:
Problem is not lack of Housing but the desire of everyone to Cashout, irrespective of whatever happen to others.

If they charge 21M and someone pays then something is wrong.

My brother People pay with ease

Vision101:
750k for one room for ajegunle. Fat lie

1.3m at apapa?? 😂
Which kind false stats be this. I know say na Yoruba boys just bring this stats to hype Lagos. Same Lagos all of us dey gan.

T

manuelkel:
What I'm saying is that the stats is wrong

how do you know this. Do you have your own data

UkoAnnang:


The cost of living don tire the living

Here in PH one bedroom apartment with band A electricity is 1.3M

Broda..Abeg, how much without Band A electricity...

manuelkel:
This is fake, believe this at your own peril.
2024 I got a room and parlor at #500,000 in Ikorodu Abuja community before Ibeshe.
My brother at apapa pay #850,000 for two bedroom flat with constant water and power supply.

Invariably, the quoted amount by the report is low compared to current reality. It is well!

then the system is encouraging corruptions be that, abi somebody no go sleep for house ?

manuelkel:
This is fake, believe this at your own peril.
2024 I got a room and parlor at #500,000 in Ikorodu Abuja community before Ibeshe.
My brother at apapa pay #850,000 for two bedroom flat with constant water and power supply.

Come and rent 2 bedroom in Guzape, Maitama, Wise 2 or Aso Drive in Abuja (FCT) in 2026, then come back to share your experience.

manuelkel:
This is fake, believe this at your own peril.
2024 I got a room and parlor at #500,000 in Ikorodu Abuja community before Ibeshe.
My brother at apapa pay #850,000 for two bedroom flat with constant water and power supply.

IT SEEMS LIKE YOU ARE NOT IN LAGOS. THIS IS A REALITY ON GROUND. YOU JUST DO YOUR RESEARCH AND PRETEND TO BE LOOKING FOR A HOUSE TO RENT IN LAGOS SO THAT YOU HEAR DIRECTLY FROM THE AGENT. AND STOP SAYING ITS NOT TRUE AND FAKE

😂 The rent are way higher than what's here...

No 750k house for Ajegunle na those trashy a room and palour selfcon... I mean a trashy house.

Any new or renovated house is from 1m+, if there's pop 1.4 above.


Agent and agreement is capped at 600k, if you're lucky you see 500k

Even face-to-face that use to be 4-5k per month, some landlord are increasing it to 7-12k

waice6571:
Come and rent 2 bedroom in Guzape, Maitama, Wise 2 or Aso Drive in Abuja (FCT) in 2026, then come back to share your experience.

Why should I come to Abuja and rent a house just to prove a point?
If you have any information to enlighten me on cost of accommodations in Abuja, then you enlighten me.
I don't have to come to Abuja to get the info myself.

BlackViper:
Oseni Rufai Shares Data On Rent For 1-bedroom In Lagos




Source

Does it really cost N755k I'm Agege?

manuelkel:
1.3m at apapa?? 😂
Which kind false stats be this. I know say na Yoruba boys just bring this stats to hype Lagos. Same Lagos all of us dey gan.

Anything from Rufai can never be to hype Lagos.

I understand its outrageous, but if u know what modern landlords go through to buy building materials, you will understand better.

Before Tpain, block was #300 and not its #850 respectively, cement is something else. Still tenants go still owe rent.

Its the govt at fault, because they dont consider people poor masses before making decisions. This TAX will also cause price inflation on products.

runningriot:
This is totally outrageous and ridiculous the government will have to come into this and set a cap benchmark for house rent in Nigeria especially in big cities like Lagos and Port-harcourt. Housing shouldn't be this expensive...

ello29:
IT SEEMS LIKE YOU ARE NOT IN LAGOS. THIS IS A REALITY ON GROUND. YOU JUST DO YOUR RESEARCH AND PRETEND TO BE LOOKING FOR A HOUSE TO RENT IN LAGOS SO THAT YOU HEAR DIRECTLY FROM THE AGENT. AND STOP SAYING ITS NOT TRUE AND FAKE

Which of the Lagos are you referring to?? Is there another Lagos I haven't paid house rents at?? Or another Lagos that I have no idea of??

The poster should be specific by including the agency fees but just continuous payment at apapa taah bros, #800,000 you done see clean house for apapa. Wetin fit make am reach 1.3m na with agency fees which agency fee can never reach #500k except you meet scammers.

House rents are outrageous because someone is paying for it. If you boycott these landlords, their brain will reset.

femmy2010:
Does it really cost N755k I'm Agege?

If you see 700+ rent for Agege na those trashy houses... Any new or renovated house is 1.2m above

runningriot:
This is totally outrageous and ridiculous the government will have to come into this and set a cap benchmark for house rent in Nigeria especially in big cities like Lagos and Port-harcourt. Housing shouldn't be this expensive...

If I talk Dem go ban me,
Seun is part of government

runningriot:
This is totally outrageous and ridiculous the government will have to come into this and set a cap benchmark for house rent in Nigeria especially in big cities like Lagos and Port-harcourt. Housing shouldn't be this expensive...

set cap for rent why rent what about food transport school fees and so on

Rent is based on demand and supply
If government is to intervene the only rational way is to increase supply by building directly or introduce policies to reduce cost of building

There are many pensioners whose only source of livelihood is rent income. Their pensions are not paid on time

Rent prices in different area reflects cost of land and or the building
E.g Average cost of buying a house in Ikoyi is 1 billion Naira
Is government doing anything about that?

Why won't rent reflect that?

So with respect your solution is not rational


Any cap will make matters worse because such government policies are never permanent another government will come in and change it

But while the policy is in place who will build a house? So with Tim e the supply problem

manuelkel:
This is fake, believe this at your own peril.
2024 I got a room and parlor at #500,000 in Ikorodu Abuja community before Ibeshe.
My brother at apapa pay #850,000 for two bedroom flat with constant water and power supply.

2 Bedroom flat for Apapa 850k? 😂 What type of house?

I spent 3 months searching with almost all the agents in Apapa, you'll see one trashy a room and palour selfcon apartment for that price.

manuelkel:
This is fake, believe this at your own peril.
2024 I got a room and parlor at #500,000 in Ikorodu Abuja community before Ibeshe.
My brother at apapa pay #850,000 for two bedroom flat with constant water and power supply.

Very fake
Ketu 1.1m as how?

khalids:
Broda..Abeg, how much without Band A electricity...

900k or 800k it depends

Band A areas like Trans-Amadi, GRA phase 2, phase 1, phase 3, Abacha Road (GRA Extension), Agip housing, Mercy Land, SARS road, NTA-Mgbuoba and Today FM radio estates off East/West road.
One bedroom flat apartment in these mentioned area cost ranging from 1.1M to 1.3M.

Mabuggi88:
My brother People pay with ease

Then we should stop crying more than the bereaved.

crossbreedwears:
The rate at which some developers and landlords demand for ridiculous fee, you'll think making money is easy. Why should I pay a total package of 2.6m for 2 bedroom in Yana??

Naso agent and agreement fee 600-800k

For trashy house... Oya make I use dey money renovate your faulty doors and ceiling you say no... Don't forget those demanding 2 years rent for a 1.5m rent

Offpoint1:
2 Bedroom flat for Apapa 850k? 😂 What type of house?

I spent 3 months searching with almost all the agents in Apapa, you'll see one trashy a room and palour selfcon apartment for that price.

The type you would have paid 1.3m for.
You fit no get something make another person get am. So no reason am.

ello29:
IT SEEMS LIKE YOU ARE NOT IN LAGOS. THIS IS A REALITY ON GROUND. YOU JUST DO YOUR RESEARCH AND PRETEND TO BE LOOKING FOR A HOUSE TO RENT IN LAGOS SO THAT YOU HEAR DIRECTLY FROM THE AGENT. AND STOP SAYING ITS NOT TRUE AND FAKE

No mind them, those list are way cheaper than reality... I've been house haunting for the past 3 months

Difrent:
Very fake
Ketu 1.1m as how?

I just wonder if na with agency fee abi na just flat rent, because apapa 1.3m as flat rent na false oo.

runningriot:
This is totally outrageous and ridiculous the government will have to come into this and set a cap benchmark for house rent in Nigeria especially in big cities like Lagos and Port-harcourt. Housing shouldn't be this expensive...

Government cannot set a benchmark, after all was it not government that mismanaged the economy that brought about inflation making things expensive? It not government bringing all sorts of charges to build and maintain houses?
What government should rather do is to invest in massive construction of houses, funny thing is that when government even builds, they make it so expensive only civil servants that have stolen money can afford. Was it not fashola when he was governor was challenged on why houses his government built were so expensive, his response was that there is no cheap land in Lagos! It was when ambode(God bless him) came in he crashed the prices saying government out not to profit but rather subsidize the houses.

manuelkel:
This is fake, believe this at your own peril.
2024 I got a room and parlor at #500,000 in Ikorodu Abuja community before Ibeshe.
My brother at apapa pay #850,000 for two bedroom flat with constant water and power supply.

It's not fake o. Between 2024 and 2025, rent increased across Lagos.

manuelkel:
The type you would have paid 1.3m for.
You fit no get something make another person get am. So no reason am.

Then say he was lucky... You can ask 50 people price of something and they tell you 50k, you get lucky and get at 45k and then concluded the price is 45k... You're not being fair.

runningriot:
This is totally outrageous and ridiculous the government will have to come into this and set a cap benchmark for house rent in Nigeria especially in big cities like Lagos and Port-harcourt. Housing shouldn't be this expensive...

It makes no sense for the government to decide how much privite businesses charge for services

Some of the figures are not true.

They should sha stop bringing this stupid mindset to Ibadan.
Lagos people are soooooo rugged