The Guardian’s investigation revealed that next year would witness a number of disagreements between tenants and landlords over rents default, resulting in possible legal battles and evictions. Then, we will see how it has affected Nigeria, as people might not be able to pay rents or buy houses as planned. “We are not sure of where the monetary issues are going now and if lending continues into the real estate sector. “I just can’t afford six months’ rent now; I pay N250, 000 per year or N125, 000 for six months. Well, when I get to that bridge, I will cross it.”Renowned real estate practitioner and Chief Executive Officer, M.I.

Source: The Guardian September 12, 2020 03:56 UTC