Housing Market - Free Lagos Nigeria Real Estate Market Tips
Housing market Lagos Nigeria. The Lagos Nigeria real estate market is ripe for harvesting. Property investors are making huge return on investment. Properties that sold for peanuts some years back are now commanding much higher return than the owners originally imagined.
Lagos population is put at about fourteen million people. And the population is said to be growing at a whooping 250,000 people per annum. Unfortunately, the housing market is not growing at the same rate. The state and federal government do not have a structured program to develop consistently a pre-determined number of housing units per annum.
Yes, private developers are on the prowl unfolding new housing units yearly. Sadly, the number of housing units supplied by real estate investors in the Lagos housing market is not sufficient to significantly affect the upward run of property prices.
In fact, many people transferred to Abuja because of the office relocations still have their families in Lagos. Some fly to Lagos every weekend while others do the trip bi-weekly or monthly depending on the individuals' financial capabilities.
This is a welcome relief especially considering that many investors in the Nigeria stock market lost huge sums to the economic meltdown that almost brought the world to its knees.
So, if you're interested in earning big from real estate, now is the time to invest. Move your money from countries where real estate have been trash in the last couple of years and come and invest in Lagos Nigeria.
Lagos Nigeria beckons. Take the leap. Make money big time.
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