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Nairaland Forum / Nairaland / General / Politics / Fashola Calls For A Change In House Rent Collection System In Nigeria (45774 Views)
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Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by Reportersgame: 2:15pm On Dec 16, 2015 |
BrainnewsNg: Sure, it can work out with our collective support |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by Reportersgame: 2:17pm On Dec 16, 2015 |
skuribeebo: How do you mean? |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by Nobody: 2:23pm On Dec 16, 2015 |
Lusola15: The guy above you is spewing trash |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by darlenese(f): 2:36pm On Dec 16, 2015 |
Na u build the house for the landlords? FG should build affordable houses, u can as well collect 50k anually , at least let the masses have a bite if the national cake |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by Ximonak: 2:39pm On Dec 16, 2015 |
mekaboy: You too correct... Where I stay then in lagos, Landlords will buy the land, pay up to 100k to omonile I'd you want to do foundation/ German floor, you pay again when you want to deck it(for story buildings), you pay for roofing too Then it's the landlord that will cooperate and fill the street, drainage, extended the light to there street, pay for transformer/ wires to run it. Then all those fashola people(different levies) will show and paint red in your house, you will pay. Then you want to now tell landlords how much to collect... SMH |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by Lusola15: 2:40pm On Dec 16, 2015 |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by ADEMOSU(m): 2:44pm On Dec 16, 2015 |
I dont think mismatch of accounting policy has much impact on rent . What is more desirous is the economic principle of excess supply to demand . |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by macklef(m): 2:46pm On Dec 16, 2015 |
Pls implement this asap. The thought of paying two years in advance Can run someone down. I need a new apartment And dos greedy landlords b collecting x2. Not fair |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by cirmuell(m): 2:54pm On Dec 16, 2015 |
chimkaire: |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by hopilo: 3:02pm On Dec 16, 2015 |
Osun state workers get paid once in 6 months, how will this match landlord account? |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by macklef(m): 3:04pm On Dec 16, 2015 |
Ximonak:+ @mekaboy Your arguements lack depth. Even if i havnt built a house yet, my parents have before my eyes I know how stressful n expensive it can be to errect a building. Now, if one decided to rent the house out, does it mean u must strangle people With house rent? A building is a fixed asset that can land for nothing less than a decade. It is a continious Source of income not an initial profit maximization A landlord must know that he would make his gains overtime not on one time so as such he should be flexible with his rent collection n not make d lowly ones suffer |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by phabulous88(m): 3:12pm On Dec 16, 2015 |
euromilion: You're right. That was a mistake on my part. 2 Likes |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by Ifebazz(m): 3:13pm On Dec 16, 2015 |
Reportersgame:Fashiola need we remind you of what landlords say when we tell them of your Lagos law? Talk is cheap is what APC still have not learnt. Talk is definitely cheap. |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by macklef(m): 3:14pm On Dec 16, 2015 |
Ephemmm:Even if he is collecting 100k every month its still not easy to count 450k just for rent let alone 40k |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by mikeapollo: 3:18pm On Dec 16, 2015 |
mekaboy: Thank you my brother! That Fashola is just an over-hyped clueless man. A lot of people were deceived by propaganda, that is why they still listen to him. His time was hell for the poor masses in Lagos. Only the rich benefitted |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by EbolaParasite: 3:23pm On Dec 16, 2015 |
macklef: Why are you guys being ignorant. Landlords started the 1yr/2yr system because the government failed in it's duty to provide a credit rating system. The reason landlords would rather collect advance payment is because they have NO FAITH in you. Landlords do not want to have to beg for rent every month. There are areas where electricity bills are shared. Do you know how much effort, it takes to get the tenants to pay every month? Some tenants will refuse to pay while putting others in jeopardy. Also, if a tenant refuses to pay, there are laws protecting the tenant. You can't just evict them right away. You have to go to court, give them eviction notice etc. At the end of the day you will lose 2 months or more extra rent. Then you have to start looking for another tenant again. This is a foolish policy. Nigeria is not ripe for this yet. The only way it will work is if they ENFORCE direct debit from the tenants employer. 2 Likes |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by harry41: 3:26pm On Dec 16, 2015 |
Fashola's policies are always one sided.like in lagos, the tenancy law mandating landlords to collect one year rent doesn't apply to the high brow areas in lagos where the big wigs have houses! Also, there is no commensurate law of enforcement when a tenant defaults! Oga fash pls stay ur lane or be equitable |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by jascon1(m): 3:34pm On Dec 16, 2015 |
Good! And that's an acceptable way compared to other countries. If there has to be a change, then let it be in all sectors. The guy above seems frustrated. It will take a long time for him to understand what Fashola said. |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by porka: 3:41pm On Dec 16, 2015 |
The one he spearheaded in Lagos led to landlords increasing their rents while agency and legal fees also doubled - rents that cost N100,000/annum (N200,000/two years) before Fashola's one year maximum rent law were swiftly increased to N150,000/annum. It is one thing to pander to the masses after many anti-people policies in the last one month, it is another thing to further pit the same masses against each other in a class war (landlords vs tenants). Does Fashola have a house where he is collecting the rents in arrears? Where exactly has this type of rent collection system work that operate a similar financial system to Nigeria's? 2 Likes |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by dabossman(m): 3:45pm On Dec 16, 2015 |
Femich18: Well after 6 months your dad can legally evict them. Tenants like that take advantage of the present eviction laws which says a landlord must give 6 months eviction notice if the tenant pays annual rent. However, if they were paying a monthly rent, your dad only needs to give them one month eviction notice. 2 Likes |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by Ryabcool(m): 3:54pm On Dec 16, 2015 |
holluwai:because we know how useless tenants can be. Imagine, a tenant sending me 20k out of 250k as part payment of his rent. The bastard is no longer picking calls. Tell me, can you accept such? And they say landlords are wicked |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by GoodFaith: 3:58pm On Dec 16, 2015 |
mekaboy: One way traffic selfish and self center The minister is very Right The greed of Nigerians keep push price upward something need to correct the prices of Land and properties in Nigeria Over priced The court system need changes to protect landlord from bad tenants |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by mekaboy(m): 3:59pm On Dec 16, 2015 |
Ephemmm: How much is a plot of land in Ivory Coast compared to Lekki? What is the cost of labour there? How much is a trip of sand and water? Even in that Ivory Coast, there are places where rent is paid in dollars. If want tenants to benefit, also find a way to finance building projects. Give landlords loans for 10-20 years at 3%. Then we know you have a right to tell them how to collect rent. If you don't create a balance, landlords will triple the rent and collect 1 yr. Who do people always see landlords as evil, do you know what goes into building the house. The price of everything is going up and you channel your actions towards the landlords. What plans do you make to make building cheaper? 2 Likes |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by DanG1(m): 4:01pm On Dec 16, 2015 |
I wish engineers and I mean proactive engineers can get to rule this country and work to solve problems in Nigeria. What Fashola said is not far from the solution but this solution is not the root cause of this problem. He should dig deep and find the real cause and he would find permanent solution we are tired of solutions that can't stand the test of time. The solution by creating more housings by the government and rented to citizens The solution making Mortages more feasible and accessible The solution of creating systems of accountability and introducing buyers and sellers protection If various solutions are not weighed we can't find the real permanent solution 1 Like |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by GoodFaith: 4:06pm On Dec 16, 2015 |
DanG1: A government program will be other mess and help lot of corrupt leaders and their friend The government need to grant Mortgages to people at low interest rate How can you ask a fresh graduate getting his/her first job for a two rent payment in advance |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by CriticalThought: 4:13pm On Dec 16, 2015 |
PentiumPro: Let me stop you there, government should not fund more mortgages. Private lending should be the backbone of the housing market, you can have a government agency to keep the lenders in check but having the government funding it is simply guaranteeing that rent rates will increase because that money will always come from the government |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by macklef(m): 4:16pm On Dec 16, 2015 |
EbolaParasite:Well, there are diffrent angles to see a matter from. The fact i didnt see it from this angle does not make one ignorant. Your arguement is spot on by the way. In as much as i dont like the 2yr down payment, i dont also think the monthly thingy is fair on on landlords with the current situation of d economy But as u know, we are not d one that makes this policys we can only argue about them. But what i would have prefared is at lest a 6months-1yr down payment. And ur rent must be renewd 2months before expiration of the rent so in such case if a tenant defaults he would use out of the months he has paid for on court case if he wishes and at the end of the court duration the house owner dosnt have to loose rent. This is how fair on my opinion could help both parties. |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by CriticalThought: 4:16pm On Dec 16, 2015 |
GoodFaith: The government need to grant Mortgages to people at low interest rate . . . with which money? The rent collection system is broken, everyone knows that but its this way because everything is uncertain |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by holluwai(m): 4:19pm On Dec 16, 2015 |
Not all tenants. Many landlords too can be miserable. No one gets paid yearly, it's just logical but everyone is looking the other way. Ryabcool: |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by fhaty1986: 4:21pm On Dec 16, 2015 |
PentiumPro:I absolutely agree with u, but one tin is dat u got a sexy shape luv it |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by Patotelli(m): 4:22pm On Dec 16, 2015 |
[color=#000099][/color] A letter to Mr. Minister. Sir, to me I think before this can take effect, we must first watch closely, how the salaries of workers in each state are being paid, how regular it is paid, how much a worker earns. Moreover, not in this situation that our governors are complaining that the monthly salaries they pay to workers is too much for them. Please sir, this is not America or United Kingdom, where all the citizens know their right, abide to the laws of the government like it's their life. Finally sir, my advice 4 u is to just be mindful that even if all this is going to great, please create more employment for our youths. Thanks. Yours OkekePatrick.A (OPA) |
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by GoodFaith: 4:22pm On Dec 16, 2015 |
CriticalThought:The money ur corrupt leaders are investing in US, Canada , UK There should be a better way to protect landlord and tenants Tenant giving court clerk N1000.00 the case will not be heard for six month Tenants and landlord case will be heard within two week of filing the case Tenants should have 10 days to pay up and get evicted |
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