₦airaland Forum

Hello guys
i dont know if am the only one observing this strange trend of lots of shops closing down here in portharcourt?
could recall how hard it was to get a shop at an attractive area, but now you now have lots of choices to make while selecting due to lots of available shops

Not only shops but houses,the entire property market have fallen.In my area Woji,Port Harcourt, you hardly see a vacant shop on the road or 1/2 bedroom flat in the past no matter how poorly constructed they may be.

This is the effect of the economic recession as people don't have money to move or hire new places.Jobs are lost on daily basis and no money to pay rent therefore leading to the property market crash.

Its everywhere and not just port Harcourt.

meaning that people are going back to their villages.... this is serious

hatchy:
Not only shops but houses,the entire property market have fallen.In my area Woji,Port Harcourt, you hardly see a vacant shop on the road or 1/2 bedroom flat in the past no matter how poorly constructed they may be.

This is the effect of the economic recession as people don't have money to move or hire new places.Jobs are lost on daily basis and no money to pay rent therefore leading to the property market crash.

Its everywhere and not just port Harcourt.

I was wondering if am the only one observing it. In the past it's very difficult to see vacant shop at ikwerre Road but now one can count more than one hundred vacant shops from Rumuokoro to mile 3. The recession is really affecting businesses in Port Harcourt.

please mod lets have this on front page to get wide view on this strange development. so as to enable people to invest wisely and plan wella

cost of doing business is going too high on an alarming rate. Shop rent in port Harcourt, very expensive, too many taxes from hooligans dressed in government suits, things too expensive plus no Jobs. raising business capital is hectic. some shops go for 30 k and above per month. Men the town no easy , selling on the road side is even harder . Those guys on yellow will not allow you breath. It is well