• Home
  • Latest News
  • Real Estate
  • Cities
  • Housing
  • Properties
  • Videos
  • Photo News
  • Magazine
  • Opinion
  • Advertise
  • Properties
Saturday, February 27, 2021
Viewpoint Housing News

ISSN:2734-3375

  • Home
  • Latest News
  • Real Estate
  • Cities
  • Housing
  • Properties
  • Videos
  • Photo News
  • Magazine
  • Opinion
  • Advertise
  • Properties
No Result
View All Result
  • Home
  • Latest News
  • Real Estate
  • Cities
  • Housing
  • Properties
  • Videos
  • Photo News
  • Magazine
  • Opinion
  • Advertise
  • Properties
No Result
View All Result
Viewpoint Housing News
No Result
View All Result
Home Housing

Our stand (31): While Nigeria is making efforts to develop the housing sector, a significant gap still remains to be bridged

viewpoint by viewpoint
January 19, 2021
in Housing, Real Estate, Feature, Editorial
0 0
0
Our stand (31): While Nigeria is making efforts to develop the housing sector, a significant gap still remains to be bridged
0
SHARES
9
VIEWS
Share on FacebookShare on Twitter

As the coronavirus pandemic is beginning to look like a problem that may not go away anytime soon, many are starting to learn how to live with it like other chronic diseases that had hit the world in the past. Investors and leaders in the real estate sector will be hoping to make the most of this to promote the case for affordable housing in the country.

The virus redefined the importance of a good home, its environment to everyone in the society and the level of development it brings to a community. This has made stakeholders in the real estate industry appear to be determined in their pursuit for affordable housing for all, especially, the low income earners.

The housing sector creates multiplier effects throughout the economy. Investing in real estate increases development for all, everyone gains in growth since construction of houses generates jobs and leads to economic growth.

Also, when families invest in a good home, their living conditions improve and they take a stake in their community. A house also becomes an asset for their old age and for their children’s future. That is to show you how housing develops everyone, even developers and many are beginning to understand the importance of living in quality affordable homes.

There’s a growing sense that affordable housing will be stable in future years, going by the level of awareness it has been generating. According to United Nations, by 2030, almost 60 percent of 8.3 billion people will live in cities and almost 1400 of the world’s cities will have half a million or more inhabitants. So, majority of persons in the society aspire towards living life in the city.

While developing countries like our dear nation, Nigeria has been making efforts in improving the availability of affordable housing, a significant gap still remains to be bridged-over 17 million housing deficit.

As a result, there is the need to develop mortgage solutions including for the lower-income earners and those who work in the informal sector should always be put into consideration to bridge or reduce this housing deficit. 

Entering the new year after an uncertain 2020 affected the income of the masses The sudden outbreak of coronavirus in 2019 and the enforced lockdown that followed made many to readjust their lifestyles, how they spend and how they run their businesses. Many are still battling to weather the economic fallout of the effect of the virus that has also dragged down the value of the Nigerian currency.

The government should come under this narrative and make more interventions for the masses that will enable them gradually get over the effects of the lockdown and the unstable economies around the world.

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)

Related

Previous Post

INTERVIEW: Government does not compensate defaulters that go against land use plan

Next Post

Ekiti demolishes school buildings

viewpoint

viewpoint

Related Posts

‘Affordable Housing not achievable without subsidy’
Latest News

Recognizing the role[s] of affordable housing, impacts on other life endeavors

February 26, 2021
California should track homeless spending, set policy
Latest News

California should track homeless spending, set policy

February 26, 2021
Unpleasant structures for habitation
Latest News

Unpleasant structures for habitation

February 25, 2021
Fire guts Bayelsa furniture market
Latest News

Fire guts Rivers timber market

February 25, 2021
Union invites EFCC to probe alleged fraud in CAC housing scheme
Latest News

Union invites EFCC to probe alleged fraud in CAC housing scheme

February 24, 2021
Our stand (35): Factors affecting the cost of building materials in Nigeria
Latest News

Our stand (35): Factors affecting the cost of building materials in Nigeria

February 23, 2021
Next Post
Ekiti demolishes school buildings

Ekiti demolishes school buildings

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Subscribe to Latest News

Enter your email address to subscribe to our newsletter and receive notifications of latest news by email.

Browse by Category

  • Magazine
  • Latest News
  • Housing
  • Cost of Materials
  • Real Estate
  • Interview
  • Events
  • Feature
  • Opinion
  • Editorial
  • Foreign
  • Cities
  • Uncategorized
  • Photo News
  • Environment
  • Videos
  • Green
  • Real Estates

Recent News

‘Affordable Housing not achievable without subsidy’

Recognizing the role[s] of affordable housing, impacts on other life endeavors

February 26, 2021
California should track homeless spending, set policy

California should track homeless spending, set policy

February 26, 2021
  • Contact
  • Privacy & Policy
  • About Us
  • Advertise

© 2019 Viewpoint Housing News. All Rights Reserved

No Result
View All Result
  • Home
  • Latest News
  • Real Estate
  • Cities
  • Housing
  • Properties
  • Videos
  • Photo News
  • Magazine
  • Opinion
  • Advertise
  • Properties

© 2019 Viewpoint Housing News. All Rights Reserved

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In