Category Archives: Featured

3 reasons to worry about the housing market

Home prices in the United States have never been higher. In January, housing values eclipsed their 2006 pre-crisis peak and since then have only pushed higher, according to the Case-Shiller home price index.

The culprits are a crazy tight job …

Buhari `Bricks’ 50% complete

President Muhammadu Buhari `Bricks’, affordable 550 units of houses located in Zuba, Abuja currently under construction at a cost N9 billion are 50 per cent completed. The pilot project essentially entailed houses for all categories of Nigerians, Prof. Mohammed Al-Amin, …

Seoul’s revitalisation of youth housing

Youth population continues to flow into Seoul as the capital offers education, wealth, and higher-wage jobs. According to the Korean Statistical Information Service, new residents moving into Seoul totalled 15,000 to 26,000 people annually over the last six years with …

Housing Delivery Funding – Which way out?

 

HOUSING is fundamental to the socio-economic development of any society. Indeed, economic benefits derived from well-coordinated investments in housing are numerous. Experience from the developed world has shown that the problem of adequate housing, to a large extent, has

Is the Low GDP Growth Rate in Nigeria a New Norm?

The real Gross Domestic Product (GDP) growth rate of 1.50 percent recorded in Q2 2018 was below the expectations of most analysts.

The GDP numbers reflect the impact of the rising uncertainties in the country. The low growth and contraction …

Analysis: Need For Housing Policy Development

This becomes more urgent when the phenomenon of climate change is considered, given that the building sector is responsible for nearly 40 per cent of greenhouse gas emissions in cities.

This problem compels national and city governments to attend to …

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Easy Ways to Spot a Rental Scam

If you have never fallen for a rental scam, then consider yourself lucky because they are still very popular in Nigeria and many unsuspecting people still fall for. As you must have guessed, victims of rental scam suffer financially and …

Lagos and the challenge of housing delivery

IN eight years, between 2011 and 2018, Lagos State government through budgetary allocations to Housing and Community services, had committed about N390 billion public fund, to different housing projects in the state. From the official statistics obtained N26.761 billion went …

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