Many Lagos residents are groaning under sharp rent hikes, with some apartments seeing increases of up to 80% or more in just a year.
This arises as housing demands continue to exceed supply, leaving many families trapped, struggling to meet new rental obligations or facing the costly alternative of relocation.
In Mushin Olosha, Abosede Sanya saw her two-bedroom flat rent jump by 87.5%, from N800,000 to N1.5 million per year.