Tenant vs Landlord

With everything going on in Nigeria you still advised someone to increase rent you are worse than tinubu

Yes I am. Cry more

@Kelvintobi2 YOU ARE A VERY WICKED PERSON AND FOOOLISH TO EVEN COME ONLINE TO SAY THIS. What’s the difference between you Nigeria politicians?

@Kelvintobi2 WHY DIDN’T YOU TYPE EVERYTHING IN CAPITAL LETTER?? Idiot

You’re out of touch man, in a sane country such increase is impossible for a tenant and landlord case. You’re a greedy mf for advising a landlord to increase his rent.

Cry more vagabond. Your noise and opinion means dogshit

Point of correction: The old man in the example I gave bought the LAND in his 40s but completed the house in 2021.

Wait, you met a landlord from somewhere and unprovokedly you advised him to increase his rent("charging the maximum he can")? Like why are you projecting your greediness? Very typical Nigerian, always eager to charge the maximum amount.. Govt is terrible but folks like this are evil

This can only happen because we live in a lawless country. You can't just increase rent by that amount, it's literally insane. In my experience, a fixed amount or percentage is usually added yearly to arrive at that amount. And your Airbnb anecdote doesn't justify that increment.

You don use sense talk, the video will not go viral

Lol

You did a good analysis. Being a landlord in Nigeria is an extreme sports.

Did the landlord you advised to increase his rent complain to you? Have you run an apartment before? Stop calculating other people's money.

You're a terrible agent, rent a house for 35m? No wonder corruption, drug take over this country under Tinubu’s disastrous govt.

📌

@bizzleosikoya In a sane working country, nobody can increase rent by 397% in one year for a tenant. Some of your analysis are so flawed and you can see all the traces of conflict of interest even in this analysis…. Some of you need to go to other sane countries and just observe

I like it when Nigerian think with brain like this . Good analysis.

You are one of those propagandists and a landlord associate who are making rentals unbearable in Eko. You had nothing to say about your background rental infrastructure. Basic amenities you don't have in your apartments, and home rentals

If the landlord didn’t complain to you why will you tell him to increase the rent? Did he furnish the house? Pay for services? If it’s easy tell him to run the Airbnb. Were you there to know if he struggled to build the house? Different people with the level of contentment.

What’s the justification for increasing a rent by 391%? What do you mean by “going rate”? You come online and boldly justify GREED? Mtcheeeew

Mr. Man you're just not making any sense.... saying nothing.... You guys are part of the problem.... A Landlord does not have the right to increase any rent above 50% Max. The problem with Nigerians is that majority fail to explore their rightz , secondly legal fees is a problem

Oga! U are saying r%bish here upon the love i gat for u, is like u are packing to ur own house? Well I'm not blaming na bcoz we are living in the lawless country, that's why u are saying all this sh!t

The Lagos real estate market is a bubble that is going to burst in the worst way. How can real estate be growing 10x faster than the economy, no wahala.

I do not agree with you in totality Yes the present value could be what you said but it is also essential in utmost good faith in business for one to transact with a true value of the property You sound like an agent who are part of the reason why landlords increases rent in the grounds that people can afford it Imagine a property he bought over 20 years ago which is obvious that he must have gotten his 100% ROI so pushing the cost to be at par with people who just acquired their property with the current rate is very mean I can agree that those who use your property for business can be billed as government does in PAYE but not one who is just living in the house Their is so much leg to it but always remember the concept of FIFO and LIFO principles in accounting

The fact that you only looked at this case from the landlord perspective say alot.. increment is fine it’s a business after all buh almost 400% increase. omooo little by little una no go get human feelings again

This is a really balanced take on the Banana Island rent saga. ​It sounds like the landlord has been pretty fair over the yrs by keeping the rent below market value. But at the end of the day, if your budget no longer aligns with the going rate, you've got to be prepared to move

You just speak for a long while, and all of it is rubbish. After listening to your opinion, if this is how you think, you’re one of Nigeria’s problems.

Ever wondered why she didn’t mention her old rent ?

We all know what we’re doing.

Can’t rent be regulated in our country ? Or it’s already regulated?

Even if she was paying 200k before, it is wickedness and unlawful to increase a rent above 30% at once. Don’t be stupid .

Nice analysis but giving the landlord point of argument isn’t nice xha.

My own is if you cannot cope with the price why not find another apartment . As far as I'm concerned na fake life dey cos this. Cos u could use that money to get a land a starter erecting a decent home.

You been lowkey dee makes sense till you talked bout the light Meaning you know it’s a manipulation tactic sometimes you go look something like say nah you dee that situation cus e fit actually happen to you one day

I’m sure you just planning to go viral but no way! Idiot

My only question is… was she given prior notice of the increase, I’d say at least 90 days before the new rent was due? If not, then this entire analysis is fundamentally flawed, regardless of sentiment. I don’t want to jump to conclusions, but knowing Nigeria and our tendency to flex power without clear rule of law or adequate protections for tenants, I wouldn’t be surprised if little to no notice was given. After all, it’s hard to argue that the landlord didn’t know months in advance that he was going to increase the rent. But If proper notice was given, then fair enough I have no issue with it. But if the tenant only found out when it was time to pay, that’s a completely different conversation and absolutely wrong

She said it all.. You’re paid to make this post.. you’re not a real person, I pray Nigeria happens to you 🙏

You are literally making things worse for the ones using these aprtments as their homes. How do u justify 396% increment?

Great analysis. And to add, no matter what happens street that increment, her next line of consideration is to either change apartment, or own one.

As I dey hear million millions, I vamoos 🏃🏿‍♂️