Dangiwa commits to transforming the housing sector

The commitment to transformative reforms in Nigeria’s housing and urban sector has been reiterated by the Minister of Housing and Urban Development, Ahmed Dangiwa. Emphasizing the Ministry’s dedication to reshaping the narrative of housing and urban development, the Minister highlighted the exploration of creative solutions for implementing necessary reforms. Read also: Navigating a Declining Market In a statement by the…

Navigating a Declining Market

What to Do If Your Home Is Losing Value Homeownership is often considered a cornerstone of financial stability and an investment in the future. However, the real estate market can be unpredictable, and homeowners may find themselves in a situation where their property is losing value. While this can be disheartening, it’s essential to approach the situation strategically and proactively….

Empowering Low-Income Individuals to Achieve Homeownership

Exploring the Possibilities for Low-Income Earners in Homeownership In the realm of real estate and homeownership, a question that often arises is whether low-income earners can realistically build a home. This blog delves into the various factors influencing this scenario, shedding light on potential solutions and avenues for those with modest incomes to embark on the journey of homeownership. Read…

Experts Advocate for Overhaul of Real Estate Industry through New Policies

The International Real Estate Federation (FIABCI), Nigeria Chapter, is urging both federal and state governments to revitalize the real estate industry through the implementation of new policies and initiatives. This call came during the 50th anniversary celebration of FIABCI-Nigeria Chapter in Lagos, themed “Repositioning Real Estate Industry for the Future: Ethics, Affordability, and Sustainability.” Read also: ENHANCING COMPLIANCE WITH BUILDING…

Real Estate vs. Mutual Funds: A Brief Comparison

Real estate and mutual funds are popular investment options, each with its unique characteristics. Let’s explore the key differences between these two avenues. Real estate involves tangible assets such as land and buildings. When you own real estate, you possess physical properties and the associated legal rights. This includes the right to use, control, exclude others, enjoy, and dispose of…

Protecting Your Real Estate Investments: How to Recognize and Avoid Common Scams

The realm of real estate, while promising profitable prospects, regrettably has also evolved into a breeding ground for scams and fraudulent schemes. As a prospective buyer or investor, it is crucial to be vigilant and well-informed about these scams to safeguard your hard-earned money and secure your real estate aspirations. In this article, we will delve into strategies for recognizing…

How Tinubu’s Policies Are Reshaping the Real Estate Landscape

The administration led by President Bola Tinubu has introduced a series of policies that are having a far-reaching impact on both the people and the economy. Over the past five months, these policies have been attributed to the rising cost of living, diminished national productivity, struggling businesses, substantial job losses, and a resulting increase in poverty and hunger. In the…

Housing ministry unveils new initiative to boost housing affordability

As a fulfilment of his promise to think outside the box to find a solution to Nigeria‚Äôs humbling housing problem, Ahmed Dangiwa, minister for housing and urban development, has come up with an innovative initiative aimed at boosting housing affordability. The initiative, known as cross-subsidy, is an important policy tool used by governments and urban planners to address housing affordability…