₦airaland Forum

potent5:
Madam, go and build your own house and give it out for free. You won't hold government responsible, it's a private person who invested his money that's your problem. Go and live under the bridge if you like.

If objects are not serving purpose or just occupying our living spaces, we trash them and call them “refuse”.
Nigeria would have been better if not for lots like you that have life. That life that comes from God is what we respect and hold sacred, for the sake of God, irrespective of your uselessness to the ecosystem.
So Nigeria’s development has got to wait while your lots are alive. It’s so unfortunate.

blackmantis:
The rate it is going Government may have to step in and regulate the cost of house rent. How can someone in Calabar or Benin be asked to pay thee same rent as someone in Kubwa or Lekki.

There is no place on earth where house rents were regulated and there was a corresponding decrease in the house rents. Regulation of house rents lead to an increase, not decrease. It is basic economics.

The earnings in each state differs. While you can get a job of 250k to 500k in Lagos or Abuja where will you get such in Calabar or Benin.

Remote workers, aka those who earn in USD and live in Nigeria, are the major drivers of this. Two, people who earn lowly should focus on areas and houses where their money reach. What I see is people with low salaries targeting high income areas with certain aesthetic infrastructure, aka living a champagne life on a beer income. Things don't work out that way. Shoe get size. The alternative is to increase your income or income sources.

Tell the govt to allow cement importation and build public housing. In Lagos, it needs to build up and metro lines to Ogun and Oyo.

You don't even have any empathy at all.

Your heart is so cold.

potent5:
Madam, go and build your own house and give it out for free. You won't hold government responsible, it's a private person who invested his money that's your problem. Go and live under the bridge if you like.

Offpoint1:
Mortgage will only for government workers whereby the money is automatically removed from their monthly salary.

Nigerians are not known for paying back loans and a lot of Nigeria factors can prevent those who truly want to pay back along the line.

😂😂😂😂 Montage with Nigerians low income

It will probably take 100 years to complete the payment

davidotokiblog1:

https://www.youtube.com/watch?v=OAGZ0Bewmw4


A video currently trending online has sparked reactions after a Nigerian lady called out the high cost of rent in Lagos.

In the video, she talked about how some landlords build houses and describe them as “Lekki standard,” then go ahead to charge as high as ₦2.5 million per year.

She also pointed out something that got many people talking some landlords still place restrictions on tenants despite the high rent.

According to her, the big question is how many Nigerians earning normal salaries can afford such amount in today’s economy.

The issue of rising rent in areas like Lekki has been a growing concern, with many residents complaining about affordability.

Madam, fo to the one you can afford

potent5:
Madam, go and build your own house and give it out for free. You won't hold government responsible, it's a private person who invested his money that's your problem. Go and live under the bridge if you like.

You must be a House Agent or one of these Shylock landlords

Don't mind that pea-brained guy

davidotokiblog1:
but this isn’t just about a private individual it’s about broader economic conditions and the role of government in creating a stable environment for businesses and citizens. People can invest their money, but when issues affect many citizens at once, it becomes a public concern. We can hold both individuals and government accountable where necessary without attacking each other.

thesicilian:
I once met an agent who said the same thing you just posted, almost word for word. Funny thing is, he lived in a dirty face-me-I-face-you single room of 5k per month in Bariga. He said this when I complained about the substandard nature of the 2 bedroom flat he was showing me for 3.5m at Mende, Maryland.
Maybe you're even the one self.

Naa him broo all this obituary.

potent5:
Why are we hypocritical about economic issues? Prices of other commodities including petrol have quadrupled. Some of you are business men who have increased the price of their goods four folds in the last 3 years. But landlords have not increased their rents four folds like some of you, but you people want to crucify landlords. Is it by force to live in another person's house?

Reason before u type

potent5:
Madam, go and build your own house and give it out for free. You won't hold government responsible, it's a private person who invested his money that's your problem. Go and live under the bridge if you like.

see how una go dey cho cho cho anyhow

davidotokiblog1:
but this isn’t just about a private individual it’s about broader economic conditions and the role of government in creating a stable environment for businesses and citizens. People can invest their money, but when issues affect many citizens at once, it becomes a public concern. We can hold both individuals and government accountable where necessary without attacking each other.

Which broader economy
We've had 66 yrs to enter farm or build factories
Now we're crying wolf when it's too late
If ppl did not build house will she not live somewhere?

callmetade:
Let's just pretend we are all okay,.. nothing really matters and nobody cares actually.

No pretense
We are OK
If we weren't we would've found solution

potent5:
Madam, go and build your own house and give it out for free. You won't hold government responsible, it's a private person who invested his money that's your problem. Go and live under the bridge if you like.

You very very insensitive.

Tufiakwa

thesicilian:
I once met an agent who said the same thing you just posted, almost word for word. Funny thing is, he lived in a dirty face-me-I-face-you single room of 5k per month in Bariga. He said this when I complained about the substandard nature of the 2 bedroom flat he was showing me for 3.5m at Mende, Maryland.
Maybe you're even the one self.

potent5:
The joke is on you. After your comedy, go and build a house in Lagos, let's see how easy it is.

at your age, you can do better than this infantile reasoning

thesicilian:
I once met an agent who said the same thing you just posted, almost word for word. Funny thing is, he lived in a dirty face-me-I-face-you single room of 5k per month in Bariga. He said this when I complained about the substandard nature of the 2 bedroom flat he was showing me for 3.5m at Mende, Maryland.
Maybe you're even the one self.

But did he complain about his face me I face you?
You're the one still lamenting while he is living his best life not homeless

thesicilian:
I once met an agent who said the same thing you just posted, almost word for word. Funny thing is, he lived in a dirty face-me-I-face-you single room of 5k per month in Bariga. He said this when I complained about the substandard nature of the 2 bedroom flat he was showing me for 3.5m at Mende, Maryland.
Maybe you're even the one self.

Bros no mind them. Peeps wey dey roast dey form for here.

Peeps like dem dey suffer too

werisetogether:
Rent price is based on market forces: demand & supply.

"Trending" videos shouldn't try to bring sentiment into it

Probably the real issue here could be the absence of an effective mortgage system that will enable more salary earners eventually own their own houses over time...

is Mortgage system not based on demand and supply
You fit lock down your own money for 30 years at 6% or you think mortgage falls from heaven?

potent5:
The federal government has a mortgage bank. Why is it not working? If you go to other countries, you can approach the mortgage bank for a loan to build your home or they give you a house and you pay small small. Why are Nigerians not taking their pains to the government? A functional mortgage system will solve accommodation problem by 50%.

What's the cost of building a 3 bedroom bungalow? How long would it take an average Nigerian to repay this loan.

An average nigerian earns less than N60k per month.

davidotokiblog1:
I understand your point, but it’s not hypocrisy it’s about fairness and living conditions. Yes, prices of goods and petrol have increased, but income hasn’t increased at the same rate for most people. Housing is a basic need, not a luxury, so people will naturally speak up when rent becomes too high for what is being offered.

housing is not a basic need
Shelter is
You only need a tent for shelter
Ppl want to build mansion is the issue

Also, the issue many people raise is not just the increase, but the value when rent goes up but the standard of the property remains poor, that’s where the concern comes in.

they should go and build their own cheap high standard house nigbana

Nobody is saying landlords shouldn’t make profit, but there should be a balance. At the end of the day, both economic realities and human living conditions should be considered.

who determines the balance
Why don't you build house and balance it for tenants

potent5:
Madam, go and build your own house and give it out for free. You won't hold government responsible, it's a private person who invested his money that's your problem. Go and live under the bridge if you like.

Oga, the level of greed is unimaginable. 2.5m in benin. Shey you keep oil company for there. Tomorrow na crime go increase and everyone will suffer the consequences

davidotokiblog1:
But it’s not always that simple. ‘Cheap’ apartments often come with serious issues poor water supply, bad infrastructure, or unsafe environments. That’s exactly why people complain, not just about price but about the standard of living.

o so you want good infra but you don't want to pay
Who is your slave

Telling people to just move back to their parents doesn’t address the real issue. The discussion is about fair pricing and decent living conditions, not avoiding responsibility. Everyone deserves a reasonable place to live for what they pay.

what is fair pricing?
Build your own then price it fairly na

davidotokiblog1:
You’re right that rent is influenced by demand and supply, and the mortgage issue is a valid point too. But the conversation isn’t only about market forces it’s also about how those forces affect real people.

When demand is high and supply is low, prices will rise, but that doesn’t automatically justify poor standards or lack of basic amenities. That’s where people begin to question value for money.

why question when they can just build their own since it's easy?

And yes, a functional mortgage system would help in the long run, but that doesn’t remove the need for fairness and decent living conditions in the current rental market. Both things can be addressed at the same time.

is it the tenant that will determine fairness? The landlord should donate his house to tenant abi?
Mortgage does not fall from heaven o
It's also demand and supply

SixSeven:
The bigger picture here is that government has failed in providing affordable housing and that's a part that is often overlooked.

How many affordable units did Okpebolho promise Edo people?

How many did FG promise?

You are not asking the right questions. Even if the State promises rent control, people respond to market forces. What has the government provided that will force private people to not have ridiculous prices? If the government is involved in their social duty, we won't be here but where they don't, private will fill in the gap. It's like how we have failed in every other sector such as education, health, infrastructure and you name it.

what have totes done to force govt to do its social duty? You ppl just like awoof even when you know say e de run Bele

Quarterpast:
I'm about relocating to the village cos I can no longer afford my rent.
From 250k, landlord increased it to 350k.

He's coming to eject me soon despite all my pleas to accept the initial rent at least for one year

If landlord fall sick do you think doctor will accept less payment?
School fees nko
Market women nko
Petrol nko

thesicilian:
I once met an agent who said the same thing you just posted, almost word for word. Funny thing is, he lived in a dirty face-me-I-face-you single room of 5k per month in Bariga. He said this when I complained about the substandard nature of the 2 bedroom flat he was showing me for 3.5m at Mende, Maryland.
Maybe you're even the one self.

That must be a wise agent, he probably would be having his house outside lagos, living based on what you get is the core of the matter.

now back to the topic, are there no apartments in Benin where her money can afford? if there are houses build for rent by govt institutions, from local council to federal, no one would bother building or when they do , the price would not go up that much.

how much does it cost to build a flat in Nigeria today ? bearing in mind that the cost of building in Lekki is same as Benin and labour is almost same too.

how long would it take to recoup such investment assuming you took loan from the bank?

davidotokiblog1:
We can hold both individuals and government accountable where necessary without attacking each other.

There's hope for us, all is not lost.

Gerrard59:
Tell the gov't to allow the importation of cement and build public housing, then watch house rents fall.

This belief that govt should control prices is the root cause of our poverty. Govt should not control prices, especially in an ethnically heterogeneous country like Nigeria.

No. Government should not allow importation for products that the country can be self-sufficient. Importation is one of the major problems of the Nigerian economy. They should promote a free market economy. The Obasanjo administration killed Ibeto cement to favor Dangote. We're still suffering from those actions. Those policies destroy the economy and encourage monopoly. Nigeria should be pushing for competitive market policies.

Offpoint1:
There are states where their rent shouldn't be more than 200k for 2 bedroom flat

shouldn't those landlords also be buying building materials at a reduced price? Say cement should be about 50% less.

Rutherinspace:
No. Government should not allow importation for products that the country can be self-sufficient. Importation is one of the major problems of the Nigerian economy.

You stated this...

They should promote a free market economy.

Then this....

The Obasanjo administration killed Ibeto cement to favor Dangote. We're still suffering from those actions. Those policies destroy the economy and encourage monopoly. Nigeria should be pushing for competitive market policies.

Then this...

Bros, this is either trolling or sarcasm, or you don't understand what you have there.

P.S. A free market economy allows importation. Nigeria is not self-sufficient in cement production, else the price should not be at its current price.

Sorry if I sound a bit parochial
I think it's foreigners who came to this city that destroyed this city. They made things to be expensive. An average Benin man is not greedy of gain.