Did you know that real estate is one of the most popular investments globally, surpassing gold, stocks, and savings accounts? This trend holds true not only in America but also in countries like India, Nigeria, and across Africa. People find great emotional satisfaction in owning property, which makes real estate a preferred choice for long-term investments.ย In India, there are signs that the real estate market is recovering after a period of decline. Experts suggest that now might be a...
Nigeria stands out as one of the most expensive property markets globally, ranking second in Africa after Angola. The high costs are not solely due to construction expenses but are influenced by various other factors. These include the high cost of borrowing funds, fees imposed by government agencies, and market uncertainties affecting property turnover.In an interview with BusinessDay, a developer highlighted that these factors significantly inflate house prices, surpassing construction costs by nearly 40 percent. "Finance plays a crucial role;...