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Lagos Slams ‘Exploitative’ Landlords, Vows Action On Unjust Rent Hikes - Properties - Nairaland 4q4p70

Lagos Slams ‘Exploitative’ Landlords, Vows Action On Unjust Rent Hikes (9120 Views)

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iwaeda: 2:33pm On May 10
The Lagos State Government has strongly criticised landlords and property agents who are exploiting residents by imposing unjustifiable increases in house rents.

The government has pledged to take action to protect tenants from these exploitative practices.

The Special Adviser (Housing) to the Lagos State Real Estate Regulatory Authority, Barakat Bakare, on Saturday, expressed the government’s stance during a live interview on TVC’s program, “YOUR VIEW.”

Bakare stated that the Lagos State Government “would no longer fold its arms and watch its residents being exploited by landlords and agents.”

Bakare also clarified the distinct roles of house agents and lawyers in rental matters, emphasising the limitations of legal practitioners in real estate and house rental transactions.

According to Bakare, the Lagos State tenancy law is currently under review.

“The review aims to incorporate crucial provisions, such as those related to caution fees, which are presently lacking in the existing legislation.”

She urged residents who encounter violations of these regulations to report such incidents to the Lagos State Regulatory Authority, either through physical visits or online channels.

The Special Adviser reiterated Governor Babajide Sanwo-Olu’s commitment to addressing the housing challenges faced by Lagos residents.

She affirmed that the “Government is constantly engaging landlords, property associations, and developers to promote collaboration and also to control excessive housing costs.”

Furthermore, Bakare emphasised the government’s commitment to fairness and justice in the allocation of state-owned housing. She stated that the distribution process adheres to “fair, transparent, and well–laid–out criteria.”

In her concluding remarks, Bakare advised Lagosians to exercise caution and diligence by ing the registration status of agents and developers with LASRERA before finalising any transactions.

She also issued a call to all real estate practitioners, urging them to with the Lagos State Real Estate Registration Agency.
https://punchng.com/lagos-slams-exploitative-landlords-vows-action-on-unjust-rent-hikes/

7 Likes

Chimarto: 2:36pm On May 10
We need them in Abuja

7 Likes 2 Shares

iwaeda: 2:46pm On May 10
When they reduce, owo foundation, owo decking, owo roofing, Jide should come and tell us to reduce rent. His agencies have doubled fees payable to government. A bag of cement is 11k, iron rods, planks, gravel, sands and labour. grin grin grin grin

56 Likes 8 Shares

helinues: 3:23pm On May 10
Better

2 Likes

helinues: 3:24pm On May 10
iwaeda:
When they reduce, owo foundation, owo decking, owo roofing, Jide should come and tell us to reduce rent. His agencies have doubled fees payable to government. A bag of cement is 11k, iron rods, planks, gravel, sands and labour. grin grin grin grin

You are ingrained with bitterness. Not for a day you have ever displayed any form of joy on this forum. Always hating on the progress of Lagos state

He would still write the rubbish and still add smiling emojis when the whole bunkum is just so dry

13 Likes 5 Shares

lordm(m): 4:04pm On May 10
Come to ph. Those landlords are evil

5 Likes

dederocs(m): 4:06pm On May 10
It's solely responsibility of owners to fix rents not agent.
Good2go1: 4:13pm On May 10
How is he ingrained and bitter, what he highlighted is not true?
Is it that you and your likes hate hearing true?

If you have ever built house in Lagos before you will understand his point
helinues:


You are ingrained with bitterness. Not for a day you have ever displayed any form of joy on this forum. Always hating on the progress of Lagos state

He would still write the rubbish and still add smiling emojis when the whole bunkum is just so dry

29 Likes 1 Share

santaclaws: 5:17pm On May 10
Hypocrisy is all I see here... In saner countries, they create council flats to reduce housing shortages, but here, when they create housing projects, they make it unaffordable for the common man, now they're talking about exploitative landlords.

The only thing they should do is to make sure agents do not charge above 10% for their commission and they need to make sure "agreement fees" are not charged cos that's illegal. They cannot regulate any other thing cos they're not the ones who bought building materials for the landlord.

22 Likes 2 Shares

codemaniacs: 5:19pm On May 10
The state government should build affordable and cheap apartments for rent instead of making noise.

6 Likes 1 Share

praise010(m): 5:20pm On May 10
The Government should remove Agbero on Lagos roads to reduce cost of transportation.

They should remove omonile wahala and reduce cost of building plans and permits.

Building in Lagos is way too expensive and it will be very very difficult if not impossible to regulate rent

19 Likes 2 Shares

youngrichnigga: 5:20pm On May 10
Says a government that has licensed thugs and omo oniles to disturb people building houses with owo mide and other illegal levies not to talk of the charges collected by the government through official quatrers undecided undecided undecided undecided undecided

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LabStores: 5:24pm On May 10
Nobody would exploit anyone if government have been responsible.
How many government owned apartments still exist and how many common man can afford it?

6 Likes

FireUpNow(m): 5:25pm On May 10
iwaeda:
When they reduce, owo foundation, owo decking, owo roofing, Jide should come and tell us to reduce rent. His agencies have doubled fees payable to government. A bag of cement is 11k, iron rods, planks, gravel, sands and labour. grin grin grin grin

To even buy the land sef na another gbege.

6 Likes

erico2k2(m): 5:26pm On May 10
iwaeda:

https://punchng.com/lagos-slams-exploitative-landlords-vows-action-on-unjust-rent-hikes/
Look at these lot acting as if they truly are going to solve an issue even government of the west could not solve. The so called government are the same ones making property rental cost go up but they chose to hide under the guise of we are working and greed.
When are they going to reduce C of O?
When are they going to reduce the cost of building permit.
When are they going to normalize ground rent and deductions?
As far as any government did not contribute to any one building a house to let, they ordinarily do not have a say in it.

8 Likes 2 Shares

anonimi: 5:26pm On May 10
helinues:
You are ingrained with bitterness. Not for a day you have ever displayed any form of joy on this forum. Always hating on the progress of Lagos state

He would still write the rubbish and still add smiling emojis when the whole bunkum is just so dry

Please what progress has there been in Lagos since 1999 for low cost housing, which is the general issue of this thread?

How does ebilokan's 26 years master plan of forever increasing IGR squeezed out of the people compare with what Jakande achieved in just four years in the housing sector for the masses as a progressive politician that he was? Would all this drama be necessary if APC did low cost houses instead of looting the people's commonwealth all these years?

eluquenson:
REVISITING SOME OF THE LATEEF JAKANDE'S GOVERNMENT ACHIEVEMENTS FROM OCTOBER 1979 TO DECEMBER 1983 (FOUR YEARS AND 3 MONTHS) IN LAGOS STATE

* His government built the current Lagos State Secretariat which houses all the state ministries as well as the popular round house hitherto occupied by all subsequent governors of the state.

* His government built the Lagos State House of Assembly complex.

* His government built the Lagos State Television

* His government built the Lagos Radio

* His government built Lagos State University

* His government established General Hospital in zones all over the state with assurance of free health care.

* His government established Teacher Training College and the College of Education.

* His government built low cost houses in Ijaiye, Dolphin, Oke-Afa, Ije, Abesan, Iponri, Ipaja, Abule Nla, Epe, Amuwo-Odofin, Anikantamo, Surulere, Iba, Ikorodu, Badagry, Isheri/Olowu, Orisigun etc.

* His government established the Water Management Board and Waste Disposal Board on the 18th of August, 1980.

* His government constructed the Adiyan Water Works to increase water supply in the state to 18.16 million litres per day.

* His government modernized and expanded the Iju Water Works which was first commissioned in 1915. This increased daily capacity from 159 million to 204 million litres per day.

8 Likes 2 Shares

free2ryhme: 5:27pm On May 10
erico2k2(m): 5:27pm On May 10
santaclaws:
Hypocrisy is all I see here... In saner countries, they create council flats to reduce housing shortages, but here, when they create housing projects, they make it unaffordable for the common man, now they're talking about exploitative landlords.

The only thing they should do is to make sure agents do not charge above 10% for their commission and they need to make sure "agreement fees" are not charged cos that's illegal. They cannot regulate any other thing cos they're not the ones who bought building materials for the landlord.
Its at the hand of the tenant that lies the solution to rent agents, question you should ask is why go to Agents? If you get this answer you would have solved this problem
Irony1: 5:29pm On May 10
Good2go1:
How is he ingrained and bitter, what he highlighted is not true?
Is it that you and your likes hate hearing true?

If you have ever built house in Lagos before you will understand his point

Don't waste your time education someone who has not built a hen house before, and you think he would understand what you're saying.

2 Likes

Meenie2: 5:29pm On May 10
femi4: 5:30pm On May 10
akigbemaru: 5:32pm On May 10
praise010:
The Government should remove Agbero on Lagos roads to reduce cost of transportation.

They should remove omonile wahala and reduce cost of building plans and permits.

Building in Lagos is way too expensive and it will be very very difficult if not impossible to regulate rent
Atheistan: 5:32pm On May 10
Nah the developers
jericco1(m): 5:32pm On May 10
All na wash. It is like they do not know the cost of land and building materials.

I recently rented an apartment I know how much I spent but then I considered a lot of things and I knew it was justifiable

2 Likes

dododawa1: 5:32pm On May 10
Government should shut up.





Baba jakande built low cost housing then(only just 4years in power).

1 Like

Dialpad: 5:38pm On May 10
How can a duplex on mainland be going for 30 million per year


Someone needs to call these people to order

3 Likes

Yong4ever(m): 5:43pm On May 10
iwaeda:

https://punchng.com/lagos-slams-exploitative-landlords-vows-action-on-unjust-rent-hikes/
what has the government done to make housing affordable too?the government housing project is not affordable for the common man,if you want the landlords to reduce their rents, reduce cost of living too,is it not what they buy they'll sell?government is hypocrite here,we know how much you tax civil servants in your state,as if that's not enough, you still went ahead to slash their salaries in this harsh economy, so a retiree who's a landlord,who depends on rent to survive, what do you expect him to do in this rising cost of living?I know those agents are covetous but the best way to combat them is for the government to embark on housing projects and make it affordable for the masses.

1 Like

geezyk(m): 5:44pm On May 10
santaclaws:
Hypocrisy is all I see here... In saner countries, they create council flats to reduce housing shortages, but here, when they create housing projects, they make it unaffordable for the common man, now they're talking about exploitative landlords.

The only thing they should do is to make sure agents do not charge above 10% for their commission and they need to make sure "agreement fees" are not charged cos that's illegal. They cannot regulate any other thing cos they're not the ones who bought building materials for the landlord.
You actually made sense with your submission. Only 10% of rent should be charged. Scrap agreement and caution fees. People really don't care about the rent, but against the free monies attached to it by agents.

2 Likes

Ezmans: 5:52pm On May 10
helinues:


You are ingrained with bitterness. Not for a day you have ever displayed any form of joy on this forum. Always hating on the progress of Lagos state

He would still write the rubbish and still add smiling emojis when the whole bunkum is just so dry
the exploit at building site in Lagos is very alarming

1 Like

helinues: 5:54pm On May 10
anonimi:


Please what progress has there been in Lagos since 1999 for low cost housing, which is the general issue of this thread?

How does ebilokan's 26 years master plan of forever increasing IGR squeezed out of the people compare with what Jakande achieved in just four years in the housing sector for the masses as a progressive politician that he was? Would all this drama be necessary if APC did low cost houses instead of looting the people's commonwealth all these years?



Stop doing copy and paste..Engage with me logically
Azazyel: 5:55pm On May 10
Enough talk. We need action especially cos of these criminals called agents. Also, why can't Lagos state government build affordable homes for the working class citizens and let people pay through installments. Why are they selling these apartments to politicians

1 Like

santaclaws: 6:00pm On May 10
geezyk:
You actually made sense with your submission. Only 10% of rent should be charged. Scrap agreement and caution fees. People really don't care about the rent, but against the free monies attached to it by agents.

That's just it.

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