Caught with the throes of rural-to-urban migration leading to intensive urbanisation , the Nigerian real estate scope grapples with stiff accommodation concerns ranging from unaffordable houses to under-development of the rurals, among many other things. With over 218 million citizens, Nigeria remains the most populated nation in Africa. This populace is, however, set on the wobbling wheels of urbanisation, whose positive significance couldn’t overwhelm some of its downsides, such as overpopulation, inflation, and underdevelopment.
This is most evident in major cities like Lagos, Abuja, and Port Harcourt, where there’s constant intrusion of people; hence, the cities embrace rapid expansion. Apparently, this resolve came with insufficient houses for lease and rentals, surged rates of affordable houses at informal settlements (slums) because of overcrowding, and an overall thorough socio-economic problem, resulting in a lowered standard of living for urban dwellers. This article therefore explores the strategies and approaches needed by real estate business coaches and realtors to implement purposeful and realisable solutions to this menace, ensuring stable urban sustainable growth in Nigeria’s real estate landscape.
Alongside the possible interventions of real estate business coaches and realtors, below is a comprehensive list of strategies that could mitigate accommodation challenges facing Nigeria as a result of heated urbanisation: Affordable housing schemes can be ea.