Nigeria’s Housing Crisis: Why Supply of Rental Properties is the Real Problem and How Citiliving Is Fixing It.

homeownership

Policymakers and developers keep pushing for more high-end houses, assuming that people just need to “own their homes.” But let’s be honest — for a mostly youthful population who love the city lifestyle, 3-bedroom bungalows in the outskirts of town may be a part of the solution but not the first solution. Most Nigerians can’t afford to buy a house outrightly. What most working young adults need is quality, well-managed, and affordable rental housing in city-center locations where they can live, work, and thrive.