Increase cost of housing in Nigeria - what's the solution?

[Ayebabara]

Before one can sought out the solution to the cost of housing in the country called Nigeria, there are others primary objectives in which one must think of because when Nigeria was Nigeria, the cost of housing in Nigeria was never as high as it is now in this present day.

Like in the period of two thousand and Nine (2009) to two thousand and sixteen(2016) the citizens feels very comfortable with the price of housing though it was not as cheap as it was supposed but we were physically okay with it.

In the year (2000) I remember very well that Cement price was #300 naira and only the elephant cement was sold #350 at then now think or calculate the differences between then and now one will think that every increments was in the act of wickedness in high places.

The organs of government that are piloting the affairs of the country are not having the well-being of the people at heart making the youths looking like hooligans or hoodlums and after one have created or foment any trouble, the will be the ones to persecute the youths calling them all sought of name while they are the ones to label the youths for their acts.

From the time of President Good luck Ebele Jonathan to the regime of Mohamadu Buhari and to the regime of President Bola Tinubu when Nigerians experience the worst era of their lives now the cost of each bags of cement is #10000 with this price of cement and the present cost of building a house, all landlords will be tempted to increases their housing fees or rents not just cement but everything has been heated by inflation both furnitures and commodities all very well set on high prices.

One of the solution to help reduces cost of housing in Nigeria is settled the score between dollars and naira to boost the value of our currency against theirs.
Another one is is a strict order to reduce the price of everything commodities in the country and every other stuffs like fuel, kerosine and oils and this can be achieved by having a good president who cares or have the well-being of the masses at heart to restructure all the tiers of government in Nigeria. These are some of the solutions.

[Mando100]

This problem of increase in cost of housing is so alarming because it's everywhere now, and our main problem is just from our leaders because they have taken away almost everything, if you want to own a house of yourself cost of materials to use in building are owned and manage by them, the governments and the leaders. So if you are buying you just have to buy as they fixed the price due to you want a house of your own. And if you are leasing is still actual the same, that is because they owns the property.

For me, I think the solution in this our country now is for us to cast our vote wisely, stand firmly on the truth no matter how bitter it will be and voice out, also not to be blinded by little tokens, or food Stuffs which will be  given to us, because that's where the problem lise. Let's think twice, is it a just one day happiness or week enjoyment we prefer?  or 4 to 8 years enjoyment, the answers are left to us.

[Justbillywitt]

This problem of increase in cost of housing is so alarming because it's everywhere now, and our main problem is just from our leaders because they have taken away almost everything, if you want to own a house of yourself cost of materials to use in building are owned and manage by them, the governments and the leaders. So if you are buying you just have to buy as they fixed the price due to you want a house of your own. And if you are leasing is still actual the same, that is because they owns the property.

For me, I think the solution in this our country now is for us to cast our vote wisely, stand firmly on the truth no matter how bitter it will be and voice out, also not to be blinded by little tokens, or food Stuffs which will be  given to us, because that's where the problem lise. Let's think twice, is it a just one day happiness or week enjoyment we prefer?  or 4 to 8 years enjoyment, the answers are left to us.

How sure are we that the next person coming is going to work for the interest of the country and not just their personal interest, and continue the looting that has been seen as a norm in the country's politics? We need to look at more practical solution rather than just basing our assumption on voting. We have been voting since democracy was returned to the country in 1999, how is it possible that we haven't gotten the right leadership?

The solution to the housing crisis is for more houses to be supplied. The demand for housing is more than the supply that's why the increase in cost of renting houses are continuously rising. More individuals need to go into housing, because the available housing isn't enough to carter the need of the people.

[Tmoonz]

This problem of increase in cost of housing is so alarming because it's everywhere now, and our main problem is just from our leaders because they have taken away almost everything, if you want to own a house of yourself cost of materials to use in building are owned and manage by them, the governments and the leaders. So if you are buying you just have to buy as they fixed the price due to you want a house of your own. And if you are leasing is still actual the same, that is because they owns the property.

For me, I think the solution in this our country now is for us to cast our vote wisely, stand firmly on the truth no matter how bitter it will be and voice out, also not to be blinded by little tokens, or food Stuffs which will be  given to us, because that's where the problem lise. Let's think twice, is it a just one day happiness or week enjoyment we prefer?  or 4 to 8 years enjoyment, the answers are left to us.

How can you even relate the problems of this country leadership to the way we cast our votes, infact do I need to remind you that our votes doesn't even count, what they do is not election it is selection, people has been casting their votes wisely but those that has the highest power to manipulate the election always do that to their own self interest, the whole truth is that we have found ourselves in a bad government who doesn't have plans for their citizens and what they do is to keep changing personalities of the same interest, they see politics as a game and not a call for service of humanity. Solution will only come at the point any new government plans to do more better than the previous if not things will keep getting worst.

[Yeesha]

This problem of increase in cost of housing is so alarming because it's everywhere now, and our main problem is just from our leaders because they have taken away almost everything, if you want to own a house of yourself cost of materials to use in building are owned and manage by them, the governments and the leaders. So if you are buying you just have to buy as they fixed the price due to you want a house of your own. And if you are leasing is still actual the same, that is because they owns the property.

For me, I think the solution in this our country now is for us to cast our vote wisely, stand firmly on the truth no matter how bitter it will be and voice out, also not to be blinded by little tokens, or food Stuffs which will be  given to us, because that's where the problem lise. Let's think twice, is it a just one day happiness or week enjoyment we prefer?  or 4 to 8 years enjoyment, the answers are left to us.

How can you even relate the problems of this country leadership to the way we cast our votes, infact do I need to remind you that our votes doesn't even count, what they do is not election it is selection, people has been casting their votes wisely but those that has the highest power to manipulate the election always do that to their own self interest, the whole truth is that we have found ourselves in a bad government who doesn't have plans for their citizens and what they do is to keep changing personalities of the same interest, they see politics as a game and not a call for service of humanity. Solution will only come at the point any new government plans to do more better than the previous if not things will keep getting worst.

People faces so much challenges in the process of voting, to ensure that they vote for the candidates of their choice that they believe in and trust, for them to have fair selection after elections, some people got killed in the process due to crowds, conflict and crisis, but at the end of the day people in higher esteem will make their choice and select who they want as our representatives. They do not longer follow the rules of fair elections, and they are manipulating the citizens. It is actually a great thing that voting is not mandatory.

[Ayebabara]

The solution to the increase cost of housing in Nigeria for the government to bring a strategies that will bring down the high inflation of goods or commodities in the country and before doing this, the country's arms of government like the followings should be put to work;

The legislature: This organ makes the laws.

The executive: This organ enforce the laws.

The judiciary This organ interprets the laws.
If this organs are functioning effectively then it is left for the country's governments to apply technical assistance to the masses, like the_

The federal government.

The state government.

The local government.
The governments mu be well structured before everything can go well with a country.
The solution is mainly to plan and work on unity to bring down the prices of things like the fuel, cement, rice, bean aluminum etc down to the price that we used to enjoy in 2010 to 2015 this can help solve the problems of the cost housing in Nigeria.

[Berry2d]

The solution to the increase cost of housing in Nigeria for the government to bring a strategies that will bring down the high inflation of goods or commodities in the country and before doing this, the country's arms of government like the followings should be put to work;

The legislature: This organ makes the laws.

The executive: This organ enforce the laws.

The judiciary This organ interprets the laws.
If this organs are functioning effectively then it is left for the country's governments to apply technical assistance to the masses, like the_

The federal government.

The state government.

The local government.
The governments mu be well structured before everything can go well with a country.
The solution is mainly to plan and work on unity to bring down the prices of things like the fuel, cement, rice, bean aluminum etc down to the price that we used to enjoy in 2010 to 2015 this can help solve the problems of the cost housing in Nigeria.

Full adaptation to some restructuring strategy that can provide solution to the constant increment in house rent is not the problem,  what we should be looking at now is how to find the possible causes of the problem because an unidentified problem can never be solved.
Yes the high cost of rent in Nigeria now is getting disappointing and more difficult for a common man to fix and the Nigerian government in question has know plans for citizens, all they are interested at is how to enrich themselves if not the cause of the high increase in rent would have been identified what we would have been talking about now is how to find possible solutions to the problem.

[RealNoblee]

Sincerely even myself am tired with the continued hike in cost of living in Nigeria, things are literally so expensive that i wonder how low income earners are surviving, the worst of it is this continues increase in house rent, well i literally attribute the high cost of housing to bad government policies, bad governance have made it impossible for our industries to work, if our industries was working well most of the building materials would have been produced here in Nigeria and the issue of importation tax would have been completely eradicated and price of building materials will have reduced drastically and house rent would have been reduced, secondly bad government policies have literally made it impossible to control landlords rent prices, no form of price regulation at all because same government accept bribe from landlords and allow them build in places that is against the urban/rural plan hence literally don’t have a say in house prices regulations, thirdly our government isn’t investing in housing, the government in most countries always invest in housing thereby creating a competitive market between government owned houses and private house owners but the reverse is the case in Nigeria, our government cares only about money laundering.

I believe that only our government have the capacity to regulate the prices of housing if only they can make good policies that will control price of building materials and also regulate house rent prices, if possible also give subsidy to housing and also build government owned houses for rent that will be low in prices, thereby giving private house owners a tough competition because trust me if the government builds a lot of houses and keep the rent at a very low price the private house owners (Landlords) will have no choice but to reduce there prices too.

Obviously on point, unnecessary increase in price of building materials by most individuals who impose prices on people.
No functional regulatory enforcement agencies due to bad government.
But inspite of all mentioned above,

One of the virus that must be dealt with in this country when it comes to housing, is the so called agents.
Because, this group of people in this country has made it so difficult for for both low and high income earners to get an accommodation on moderate price, rather they influence by conniving with the landlords to hike house rent.

[9ja Amaka]

The cost of accommodation in the country is very high now and the landlord has taking advantage of it. It's true that inflation is affecting the country right now, so prices of things are on the rise, but I think this one is on the government,  because the government are not trying to do anything to regulate rent. The government don't even invest in housing,  and that has left the power in the hands of the landlord.  Imagine if the government build low cost houses in all 36 states, that will definitely reduce the rate of rent, because the landlord will not have a choice than to reduce the rent, else no one will want to rent their houses.

[Africolo]

Well what you are talking about in this thread is absolutely true, and right now the cost of living is actually killing the living in Nigeria, and I think Landlords and agents are making whole lot of money from individuals, it’s totally alarming and there is nothing absolutely anyone can do about this situation in the country, things are very hard in Nigeria the economy is very difficult for everyone, and there is nothing that is even easy for anyone, especially when you’re staying in the city, there is nothing you can do but pay this rents when you don’t have a house of your own then it’s totally alarming, the most alarming thing is that the Government doesnt have any plans of doing anything to help the high cost of living and everything is alarming and everything is absolutely bad and terrible and everyone is suffering the high cost of house rent in Nigeria.

This high increase in rents that is affecting every Nigerian living in the city is mostly postulated by the agents to the landlords because I had the privilege to eardrop on one agent that very close to me when he was telling the landlord to increase his rentage that Nigeria is hard and everyone is increasing their rents in other to survive and they can also have a better percentage of the agent fee, you can see by this that this people are bond by greed to lobby with landlords to increase rents for their selfish interest of agent fee making it difficult for the less privilege to pay.

One will be in the city and those in the village will be saying it's been 7years he has lived in the city without achieving any tangible thing, unknowingly to them that every penny that is saved goes into rent and it becomes difficult to do a project except you earn a higher salary, the government really needs to look into it and set measures to regulate the rent.