BREAKING: Frequent rent hikes unsettle tenants

Reportgist
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Frequent rent hikes are unsettling tenants across Nigeria, putting a lot of families in disarray.>>>CONTINUE FULL READING HERE....CONTINUE READING THE ARTICLE FROM THE SOURCE

Rising cost of living as reflected in unaffordable food prices, high energy and transportation costs, all driven by galloping inflation that peaked at 33.

95 percent in May 2024, has taken joy away from many households. The situation is such that many of these households can no longer afford two meals a day. This has been made worse by rents hikes, which seem to have become a pass-time for most landlords acting through estate agents.

Experts at a real estate business forum in Lagos recently, canvassed legislation at state government levels to ensure that tenants are not further squeezed at this time of economic challenges.>>>CONTINUE FULL READING HERE

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