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Showing posts from November, 2020

THE REAL ESTATE REALITY OF LAGOS

  Quickly now, Have you ever wondered why recently, there has been a serious increase in the cost of housing within Lagos state and its neighbouring states, especially how apartment rents have tripled in the last 10 years, like why is it that way? Is it because of the exchange rates or economy? Is it due to little to no regulations? Well the fact is; it was bound to happen, why? Simple and for the lack of a better phrase, “the World has its eyes on Africa”, and guess what else, Lagos is unconsciously expected to be the nucleus of what is coming. Let’s start by referring to the big apple, talking about the vibrant city of Newyork, a lot of Africans, particularly Lagosians are yet to come to terms with the fact that Lagos will be expected to be to the entirety of west Africa, what Newyork is already to America, talking about the buzzling population and business, in Newyork, renting an apartment is super expensive, a 2 bedroom apartment goes for at least a million naira monthly, t...