The Real Estate Question: Is Property Investment Still Worth It for Ordinary Nigerians?
SNOW TV NEWS DESKNigeria’s real estate sector has long been regarded as a reliable avenue for building wealth and securing financial stability. However, with rising housing costs, increasing rents, expensive land, and growing cases of property fraud, many ordinary Nigerians are beginning to question whether investing in real estate is still a realistic and worthwhile financial decision.For many Nigerians, owning a home has become increasingly difficult. The rising cost of building materials, labor, transportation, and land has pushed property prices beyond the reach of many middle- and low-income earners. Even renting a decent apartment has become a major financial burden, particularly in urban centers such as Lagos, Abuja, and Port Harcourt, where landlords frequently increase...
