My State of residence has been one of the most expensive cost of living states in the country (Nigeria).
I am making this thread after been overwhelmed about how students are being frustrated over high cost of house rents.
Imagine houses built between 2018-2023 where a single rooms rent is placed @ #130K which the rent fee is evaluated according to the nature of the economy and the cost of building materials which would be extremely expensive and houses built between 1990s-2017 charging its house same 1 single rooms at same rates at #130K even when the houses were build when the economy was kindly impressing comparing to today's.
I learnt about lot of students having the schools environment for their homes and the classroom desks for the mattresses simply because they can't afford even a single room for a rent.
A lot of them are able to have that one single rented room (s) only if they are partnered (roommate) while some others are struggled before they can have their own private living rented apartments.
We all knows the nature of single rooms and its inconveniences, how do we imagine such rented below #130k per year excluding sub fees and lavys.
This has got a lot of people taking the streets and the bridges as mansions Worth living due to the inabilities to the hike cost of rent and has also sent lot of masses who lives in the cities and rural areas back to villages where most of them has lost hope to lives and carriers supposed to be encouraged when in the cities has been buried beneath the foots.
This state of accomodations rent fees has left lots frustrated.
Last night I was on some significant reasoning with my friend on how possible the government can put an end to this increasingly house rentage following the economical inflations on its basis.
Solution opinion to the situation
The government could play and help minimize this hiking rents issues simply my issuing mandatory orders on every landlords and give them a specific range of charges they are expected to rent their house and anyone violating the rules must be penalized and every landlords must issues rentage receipts to every of its tenants because the amount stated in the receipt would be used to justify any of the reported landlords if overcharging their house occupants and there should be an active functioning phone number that is to be reached and report any forms of the landlords.
I think the cautioned of governments authorities to the landlords would help this nature of situations.
Op your solutions are not bad but such solutions can only see the light of the day is we have wise government that listen to plight of the people, normally house is not suppose to be a problem to the populace, Nigerian government knows this already but, unfortunately, we have government that support this miscreant called landlord.
The government can solve this problem by embarking on mass building, though it shouldn't be free but it should be subsidized to help individuals that cannot afford this outrageous increment of rent by landlords, if this is been done you will see that the house rent will decrease by itself, more people will go for the government building and individual house will not be given attention by persons that are in need of house to rent again.
Let's not expect this to happen because the government are humans like us, they also owns buildings and most of this buildings are in dilapidated state so do you expect them to put up policies to help the masses and lose money, Africans with black brains can never think of such solution that will affect them indirectly.