Hear from seasoned experts as they deliver in-depth analysis, market trends, and actionable advice tailored to help you make informed decisions.
The Nigerian Rental Crisis: Inflation, Greed, and Speculation
Rent prices in Nigeria are rising at an alarming rate, often surpassing the country’s already high inflation rate of around 30% annually. In some cases, tenants have reported rent hikes of 40% to 60%, with extreme instances of rent doubling within a year—often driven by speculation and landlord profiteering.
Can Technology Replace Real Estate Agents in Nigeria?
In the past decade, technology has transformed nearly every industry, and the real estate sector has not been left behind. Globally, tech-driven solutions are redefining how properties are bought, and sold, with innovations like virtual tours and AI leading the charge. The natural question that arises is whether technology will eventually replace real estate agents?