BREAKING: Frequent rent hikes unsettle tenants - Reportgist

BREAKING: Frequent rent hikes unsettle tenants

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

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

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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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