House Rent: Nigerians Yearn For Government Intervention – Poll By Teddy Oscar Chukwugekwu

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Nigerians, especially those resident in the four major states of Lagos, Rivers, Kano and the Federal Capital Territory (FCT) have urged the Federal Government to come to their aid by regulating the house rent in the country, NOIPolls Limited reported.

This follows the high cost of housing in the four major cities.

According to the latest public opinion poll results released by the Polls, 65 percent of the residents pay between N101,000 and N500,000 as rent annually.

Subsequently, 87 percent of the residents of the above named cities advocated for government to intervene by regulating the house rent in the country.

The Poll also revealed that at least 5 in 10 (56 percent) residents in the four major cities still live in rented apartments, while 25 percent of these same say they live in personal homes.

It further added that 16 percent live in their family houses, and a paltry 3 percent live in company/government-owned apartments.

“Although 30 percent revealed that proximity or convenience is of high priority when renting an apartment, as a large proportion of respondents in this category (43 percent) attributed this to the level of traffic congestion in the state prompting residents to rent apartments based on nearness to the locations they frequently visit.

“Furthermore, 52 percent expressed their dissatisfaction on their housing conditions, while 48 percent asserted that they were satisfied with their housing conditions.

“These were some of the key findings from the Housing Poll conducted in the week of October 17, 2016,” NOIPolls said in the report.

citizentv.ng reports that adequate housing is one of the best indicators of a nation’s standard of living for its citizens.

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