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Fashola Calls For A Change In House Rent Collection System In Nigeria - Politics (3) - Nairaland

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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:



Can this work out?

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:
uumm fashola just believe the only way to make money is through taxation and high bills .

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:
This is d only people friendly thing Fasola said since becoming a Minister

The guy above you is spewing trash sad angry
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 wink
Re: Fashola Calls For A Change In House Rent Collection System In Nigeria by Ximonak: 2:39pm On Dec 16, 2015
mekaboy:
Nonsense. has the govt ever helped the landlords in any way?

They buy land u collect tax, omonile collect their own. They have to fix the roads by themselves. Buy cement and pay for labour complete.

when they finish everything without any support from govt, then you come out to tell them how to collect rent.

Where were u when they were sourcing for funds? Did u provide any installment plans for purchase of building materials.

Fashola, I know you tried in lagos, even though u used just 30% of funds available to lagos state.

Now u act like u have pity for the poor. Which of the building projects you put up for the masses in lagos can the poor afford?

How much does a flat go for? Now your talking of house rent.

You forget that the landlord will pay the 40% increase u intend to add to electricity? You forget the landlord has to buy fuel after u remove subsidy?

Or you don't know the landlord has to buy dollars at 260 to import items to sell?

Abeg make we hear word.

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 angry

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
catlova:


The guy above you is spewing trash sad angry


Sorry was too quick to react
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:
Na that one we dey ask yhu undecided
When the first rent elapses, can we pay monthly afterwards or twice a year, nwoke'm angry angry tongue
grin
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:


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 angry

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
+ @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:


Which Uk in arear?the uk that I know it s paid upfront.

One month deposit and one month upfront,I don't know where you get that idea from mate.

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:


https://www.naij.com/668279-house-rent-troubles-fashola-gives-nigerians-hope.html
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:

[/s]

He said: “If salaries are paid in arrears, rent should be paid in arrears.” He added that a more rigorous enforcement system for eviction would then be worked out for anyone in default.”

The above caption was the bone of contention: stop the distraction. If you are living in Lagos, you will understand what he means: Landlords are becoming more harsh on tenants on daily basis.

They collect at least 100k for agreement and commission without any paper signed + two years house rent + damages etc: this means you are spending an amount in the region of nothing less than 450k on a room self-contain. Now, how can an average graduate collecting 40k cope with this?

My last leave I spent in Ivory Coast opened my eyes to some evils being perpetrated by landlords. Their rent is being collected monthly and no tenant will pay you a dime till the end of the month.

Does this mean that the Landlords were not paying tax nor pay for some community projects undertaking? Did government help them to build the house? Are they paying for house material instalmentally?

For me, there is no doubt that this will be of help to common man if a law could be enacted and implemented to curb this menace.
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:
Nonsense. has the govt ever helped the landlords in any way?

They buy land u collect tax, omonile collect their own. They have to fix the roads by themselves. Buy cement and pay for labour complete.

when they finish everything without any support from govt, then you come out to tell them how to collect rent.

Where were u when they were sourcing for funds? Did u provide any installment plans for purchase of building materials.

Fashola, I know you tried in lagos, even though u used just 30% of funds available to lagos state.

Now u act like u have pity for the poor. Which of the building projects you put up for the masses in lagos can the poor afford?

How much does a flat go for? Now your talking of house rent.

You forget that the landlord will pay the 40% increase u intend to add to electricity? You forget the landlord has to buy fuel after u remove subsidy?

Or you don't know the landlord has to buy dollars at 260 to import items to sell?

You have compassion for the poor, yet you re brand website with 78m.

Do you know that you would have empowered over 150 enteprenurs with 500k from that 78m. Instead you approved 78m for a website that has no value to the people.

Abeg make we hear word.

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:

+ @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

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:



I'm base in lag and my Dad has Neva 4 once ask 4 2yrs house rent in any of his houses....u knw y I say it won't work? Cos many tenants here in lag have criminal minds imagine sm tenants oweing 6months house rent wreas dey dnt look 4pple nt broke...in ds part of d world many pple lacks sincerity dts y I said it won't work

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:
Landlords in Nigeria will detest this so much grin
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:
Nonsense. has the govt ever helped the landlords in any way?

They buy land u collect tax, omonile collect their own. They have to fix the roads by themselves. Buy cement and pay for labour complete.

when they finish everything without any support from govt, then you come out to tell them how to collect rent.

Where were u when they were sourcing for funds? Did u provide any installment plans for purchase of building materials.

Fashola, I know you tried in lagos, even though u used just 30% of funds available to lagos state.

Now u act like u have pity for the poor. Which of the building projects you put up for the masses in lagos can the poor afford?

How much does a flat go for? Now your talking of house rent.

You forget that the landlord will pay the 40% increase u intend to add to electricity? You forget the landlord has to buy fuel after u remove subsidy?

Or you don't know the landlord has to buy dollars at 260 to import items to sell?

You have compassion for the poor, yet you re brand website with 78m.

Do you know that you would have empowered over 150 enteprenurs with 500k from that 78m. Instead you approved 78m for a website that has no value to the people.

Abeg make we hear word.

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:

[/s]

He said: “If salaries are paid in arrears, rent should be paid in arrears.” He added that a more rigorous enforcement system for eviction would then be worked out for anyone in default.”

The above caption was the bone of contention: stop the distraction. If you are living in Lagos, you will understand what he means: Landlords are becoming more harsh on tenants on daily basis.

They collect at least 100k for agreement and commission without any paper signed + two years house rent + damages etc: this means you are spending an amount in the region of nothing less than 450k on a room self-contain. Now, how can an average graduate collecting 40k cope with this?

My last leave I spent in Ivory Coast opened my eyes to some evils being perpetrated by landlords. Their rent is being collected monthly and no tenant will pay you a dime till the end of the month.

Does this mean that the Landlords were not paying tax nor pay for some community projects undertaking? Did government help them to build the house? Are they paying for house material instalmentally?

For me, there is no doubt that this will be of help to common man if a law could be enacted and implemented to curb this menace.

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:
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

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:
Absolutely.
However the way to drive such through is when government provides more houses and fund more mortgages .

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:


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.
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:


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

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:
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 fhaty1986: 4:21pm On Dec 16, 2015
PentiumPro:
Absolutely.
However the way to drive such through is when government provides more houses and fund more mortgages .
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 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
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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