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2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. - Politics (5) - Nairaland

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Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by skido84: 8:52pm On Aug 07, 2011
Watch as landlords refuse to rent out their houses, and the attendant homelessness that will surely follow this silly law.

You don't make this kind of law unless you have adequate public housing stock that can make people turn their noses up at private landlords. It is in the best interests of Lagosians for this law to fail in its implementation, because if it succeeds, there is going to be MASS HOMELESSNESS in Lagos.

A lot of people are going to start sleeping in their shops.

Fashola and Tinubu failed to invest in public housing, and they're now trying to regulate rents, in a capitalist economy, without any sort of concrete intervention in terms of investment in housing.

Combine this with Sanusi's withdrawal of three banking licences today, and it's been a really bad day for the economy of Lagos State.   


Totally agree. its a good idea with bad timing.more reasons here.

http://beaverealty.com/2011/05/22/downsides-of-the-proposed-lagos-state-tenancy-bill/


http://beaverealty.com/2011/06/05/downsides-of-the-proposed-lagos-state-tenancy-bill-2/
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by doctor(m): 10:13pm On Aug 07, 2011
Nigeria government always get it wrong. The law is good and also bad. I see no sense in imprison someone WILLING to do something and denying him/her, his/her right to satisfy himself/herself at his/her own expense. Fashola and that house just bend laws without reasoning. Landlords will increase the rent and will Fashola make a law to stop them and make Lagosians homeless? Think and think again Fashola and others.
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by belemzy: 10:14pm On Aug 07, 2011
This is a good 1 oh! Oga Fashola now i think i have to relocate to Lagos cheesy cheesy grin
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by skido84: 10:35pm On Aug 07, 2011
Relocate to Lagos.Hold ur horses man,cuz no landlord is going to give a shit bout what fashola says.They wud stubbornly leave the property vacant.Fulfil their terms or move on.What about landlords that took loan to build house? it'll back fire on them,not with the double-digit interest rate.They have to pay back these loans and make their own money.I think rather than enact this law,the government shud have invested in low cost apartmernt housing.Some1 was complaining about power issue.There's so many ways of generating electricity.Lagos generates one of the highest amount of waste (methane gas) which can be used to generate electricity.When there's substantial and affordable housing for the public,who'll go after private housing when govt's own is cheaper.Its a problem of misplaced priorities.How much is lagos state making in a month? Lets take a wide guess,say N2 billion.Use N1 billion monthly,earmarked for multi-tenanted housing.In four years,you may not not have built several infrastructures but you'd have solved 1 of 3 common problems(housing,transport,waste mgt) in a city.
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by femmy2010(m): 11:03pm On Aug 07, 2011
The Government is not saying the landlords shouldn't charge their "high rents" but that they should take one year in advance.
Is one year not fair enough?
Haba,we shout government this,Government that and yet we the citizenry are the ones killing ourselves the most.

Kudos Fashola.
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by femmy2010(m): 11:17pm On Aug 07, 2011
skido84:

What about landlords that took loan to build house?

World over,buildings/houses are known to be long time investment and not one you want to get back invested capital within 3 years.

skido84:

What about landlords that took loan to build house?

Rarely would you see someone taking bank loans to build houses in Nigeria of today and if they ever do it would be a loan that has a long term repayment period and frankly banks wont feel comfortable dishing out such.

skido84:

I think rather than enact this law,the government shud have invested in low cost apartmernt housing.

Yes buildings low cost housing estate is the best but before then this would ease the hitherto burden of tenants in Lagos.
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by aukasa: 1:16am On Aug 08, 2011
Lagos is working, Abuja and the rest including F.G are watching.
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by Kobojunkie: 1:27am On Aug 08, 2011
femmy2010:

The Government is not saying the landlords shouldn't charge their "high rents" but that they should take one year in advance.
Is one year not fair enough?
Haba,we shout government this,Government that and yet we the citizenry are the ones killing ourselves the most.

Kudos Fashola.


Well, up until this, people have been paying two years, 3 years, some with no problems. In fact, some use it as way to lock in low rate for 3 or more years. Why BAN that advantage? If I want to rent property and I see myself being at that location, for 5 or more years, why should it be a crime for me to pay upfront for that period  knowing that it is likely to my advantage that I can do just that?

We really should be against attempts to reduce our freedoms under the guise of "solving problems", especially when these problems could be solved by making of simple IMPROVEMENTS on the part of Government. I mean other civilizations are busy fighting for more freedom for the people while we are applauding so-called solutions that limit our abilities to freely do business and interact on levels that could potentially be to our advantage. That is not a good sign.
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by EkoIle1: 2:53am On Aug 08, 2011
All these silly and ignorant claims and absurdities sef. So the same civilizations where they have rent control laws are suppresing their people's freedom hum?


I don't even feel like laughing sef.
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by xstudios(m): 7:13am On Aug 08, 2011
Nice one BRF , this noteworthy, and far from been one not thought through a natural step forward from the Lagos RENT EDITE. The government has had well over ten year
Mediating for tenants here in Lagos and surely know the issues arising out of the 'beloved landlord/tenant saga. NICE ONE
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by hardbody: 9:13am On Aug 08, 2011
Guys, its not yet UHURU. May i draw our attention to the Rent (Control) Edict. I dont recall the exact year that it was passed. That law was meant to regulate the exact amount payable in various parts of Lagos at the risk of getting prosecuted and jailed (or sanctions to that effect). I am yet to hear that any landlord was tried for asking for rents far in excess of what that law provided for. As for tenants, the greatest mistake you would ever make is to tell your potential landlord of any such law, he will end the discussion of landlord/tenant relationship with you, meanwhile, some other guy is willing to pay a competitive price to take over the apartment you were interested in. Bottom line, Fashola should put alternatives in place before coming up with this kind of Law. Honestly, if i have spent my hard earned money to raise a structure, no one, i repeat NO ONE can dictate what i charge as rent and how i collect it. If you aint gonna pay based on my demand, go to Fashola Housing Estate and take up your accomodation and pay based on what Landlord Fashola says.
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by Arkhin(m): 9:55am On Aug 08, 2011
Pessimists, o ga o! Fashola carry on Jare. By the time the law takes effect, all you pessimists should go and hang yourselves. Ungrateful,educated nincoompops.
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by abouzaid: 12:14pm On Aug 08, 2011
Law of demand and supply says that the government should provide low cost housing not interfere with the working of the free market.our politicians should stop causing sensation and start addressing the real issues
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by femmy2010(m): 12:53pm On Aug 08, 2011
Kobojunkie:

Well, up until this, people have been paying two years, 3 years, some with no problems. In fact, some use it as way to lock in low rate for 3 or more years. Why BAN that advantage? If I want to rent property and I see myself being at that location, for 5 or more years, why should it be a crime for me to pay upfront for that period  knowing that it is likely to my advantage that I can do just that?

I am a tenant and paying 3 years in advance has no benefit to me but a a huge disadvantage of reducing the amount of capital i would have invested in my business which in turn would have given me more profit which i would have use to buy my own Landed property.


Kobojunkie:

We really should be against attempts to reduce our freedoms under the guise of "solving problems", especially when these problems could be solved by making of simple IMPROVEMENTS on the part of Government. I mean other civilizations are busy fighting for more freedom for the people while we are applauding so-called solutions that limit our abilities to freely do business and interact on levels that could potentially be to our advantage. That is not a good sign.

Only a bad government would equally sit back and look while its citizen are been killed with cut throat 3 years rent in advance been charged by landlords.

Kobojunkie:

Well, up until this, people have been paying two years, 3 years, some with no problems.

Very few would pay 3years in advance with no problem,
How would a newly employed graduate who earn N70k(remember minimum wage of N18k) in a month easily get the funds to pay 3 years in advance for a 2 bedroom room apartment without trouble?
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by Kobojunkie: 12:59pm On Aug 08, 2011
femmy2010:


I am a tenant and paying 3 years in advance has no benefit to me but a a huge disadvantage of reducing the amount of capital i would have invested in my business which in turn would have given me more profit which i would have use to buy my own Landed property.


Again, that is YOU, but NOT EVERYONE. There are tenants out there who see it as an advantage. Why should THEIR advantage be taken away from them because of YOU? A business owner who wants to lock down a good lease rate for years, for his business location, will be hit by this BAN.

Government is not there to cater to just what ails YOU but what AILS everyone and that is why in the western word, the word BAN is rarely used. Rather you get Governments working on encouraging landlords to provide more FLEXIBLE lease plans and rates -- which I am sure you have heard you(where you currently live). Why do you think those options exist in the way they do?

femmy2010:

Only a bad government would equally sit back and look while its citizen are been killed with cut throat 3 years rent in advance been charged by landlords.

No one is asking for BAD GOVERNMENT, we are asking for IMPROVED GOVERNMENT -- Not Government that outrightly BANS people's rights to do what they want to instead of finding BETTER solutions to issues.
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by edogirl2: 1:58pm On Aug 08, 2011
Kobojunkie:

Again, that is YOU, but NOT EVERYONE. There are tenants out there who see it as an advantage. Why should THEIR advantage be taken away from them because of YOU? A business owner who wants to lock down a good lease rate for years, for his business location, will be hit by this BAN.

Government is not there to cater to just what ails YOU but what AILS everyone and that is why in the western word, the word BAN is rarely used. Rather you get Governments working on encouraging landlords to provide more FLEXIBLE lease plans and rates -- which I am sure you have heard you(where you currently live). Why do you think those options exist in the way they do?

I gave you an example in the UK where govt stepped in to check the excesses of landlords, but you seem to totally ignore that & you keep going on about 'encouraging landlords' this & that. The govts in Lagos did that for several years only now resorting to legislation when all else failed. You tell us to look at western world, & we give you a cogent example, yet you ignore

No one is asking for BAD GOVERNMENT, we are asking for IMPROVED GOVERNMENT -- Not Government that outrightly BANS people's rights to do what they want to instead of finding BETTER solutions to issues.
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by Nobody: 2:24pm On Aug 08, 2011
The majority cannot afford to pay two years advance rent or 1 year advance. kudos to Fashola this is good for the majority.
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by femmy2010(m): 3:10pm On Aug 08, 2011
Kobojunkie:

No one is asking for BAD GOVERNMENT, we are asking for IMPROVED GOVERNMENT -- Not Government that outrightly BANS people's rights to do what they want to instead of finding BETTER solutions to issues.

We are not paid Salaries in advance and pulling together a year rent in advance is not easy but we can still manage but taking 2/3 years rent in advance is a kill and thanks to Fashola for saving us from the claws of those wicked landlords.
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by shawonlese: 3:38pm On Aug 08, 2011
femmy2010:

We are not paid Salaries in advance and pulling together a year rent in advance is not easy but we can still manage but taking 2/3 years rent in advance is a kill and thanks to Fashola for saving us from the claws of those wicked landlords.

I am not wicked!
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by LoveIcon: 3:51pm On Aug 08, 2011
Lets wait and see tenants begging for 3 years rent by the time landlord will refuse renting out their house.
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by Kobojunkie: 4:03pm On Aug 08, 2011
femmy2010:

We are not paid Salaries in advance and pulling together a year rent in advance is not easy but we can still manage but taking 2/3 years rent in advance is a kill and thanks to Fashola for saving us from the claws of those wicked landlords.

Note How you avoided all I said so you could, yet again, speak of ONE SIDE of all this. Again, not everyone is in the same straits you are.

I gave you an example of how this plot already benefits some in the same country -- but you conveniently chose to ignore that so you could yet again speak of how "SINCE THIS BENEFITS YOU, THAT IS ALL THAT SHOULD MATTER".

Worse, you went as far as to label landlords EVIL. Why? As so many have already pointed out, cost of building in Nigeria, especially Lagos is dramatically higher than it is in other places -- there are less financial facilities to aid these landlords in paying and so many of them have come to depend on the rent they collect from the tenants as way of paying for these buildings. If that screams EVIL to you, then I suggest you ponder again what the situation really is and why you need them to be evil for you.

Like I stated there, government is FOR EVERYONE, not just for YOU. In this case, banning what potentially benefits a portion of the same group does not make sense.
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by Kobojunkie: 4:07pm On Aug 08, 2011
I gave you an example in the UK where govt stepped in to check the excesses of landlords, but you seem to totally ignore that & you keep going on about 'encouraging landlords' this & that. The govts in Lagos did that for several years only now resorting to legislation when all else failed. You tell us to look at western world, & we give you a cogent example, yet you ignore

Sorry, I may have missed it. I don't know what example you are referring to. I mean checking excesses is NOT the issue we are speaking of here, is it? I mean what exactly do you consider excesses? High rent? Longer leases? I don't understand how the example you claim would apply here. Do explain.

Well, when you say the same Lagos Government has "encouraged" landlords for years, what exactly do you mean? In Words? Or in action? For years, the cost of building in Lagos has shot up with no easing in sight -- and for no real sensible economic reason. Lagos now is one of the most expensive places in the world to live in and you say that is ENCOURAGING to Landlords, many of whom have lived in that state long before this new, out of nowhere trend? Cost of Cement only recently eased -- thanks to Jonathan and his buddy Dangote, but that does not mean cost of building as a whole has also experienced same. So I have to again ask you, what encouragement are we speaking of here, assuming we are speaking along the same lines in this.
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by femmy2010(m): 5:48pm On Aug 08, 2011
@kobojunkie,
I never criminally absconded from giving a response to the points you raised because I thought you knew that landlord that would wholly be affected by the new enactment would be those who let out building to non-commercial occupants.
Nothing wrong for a bank/company leasing a building for 30years,that is why they are allowed to add and remove to and from the structure on ground.
Sample the view of 100 tenants and I guarantee you that at least 90 people would share my view and see the new enactment as a great one.
To you am "YOU" but frankly am a typical example of the Nigerian masses that need to be protected from been killed by our cut leg landlords.
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by Kobojunkie: 6:06pm On Aug 08, 2011
femmy2010:

@kobojunkie,
I never criminally absconded from giving a response to the points you raised because I thought you knew that landlord that would wholly be affected by the new enactment would be those who let out building to non-commercial occupants.

That is not true. Many buildings in Lagos have both commercial and non-commercial spaces to lease. Our front yard has 2 stores, and with apartments above and behind. Please stop generalizing in this.

Let's assume for one minute that only the landlords that lease to non-commercial occupants will be affected, why should they be affected in such a way? Notice I addressed this issue when I posited that both tenants and landlords take advantage of the old lease type as they see fit.

femmy2010:

Nothing wrong for a bank/company leasing a building for 30years,that is why they are allowed to add and remove to and from the structure on ground.
Sample the view of 100 tenants and I guarantee you that at least 90 people would share my view and see the new enactment as a great one.
To you am "YOU" but frankly am a typical example of the Nigerian masses that need to be protected from been killed by our cut leg landlords.

Sharing your view is not where this ought to be. Again, out in the west, why do you think you have FLEXIBLE lease agreements and not STRICTER ones as that which you subscribe be implemented in Nigeria, available to you? I mean seriously, this is all a matter of looking at what you have, that works, where you currently are, and thinking how that exact same will also pay off in Nigeria.

I have the option of paying my rent up for two years if I wanted to, there is no law BANNING ME From doing just that where I live now. Why should that option be taken away from those who live in Nigeria, and can afford it, simply because, you and those who share your view cannot?
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by femmy2010(m): 9:28pm On Aug 08, 2011
Kobojunkie:

I have the option of paying my rent up for two years if I wanted to,  there is no law BANNING ME From doing just that where I live now. Why should that option be taken away from those who live in Nigeria, and can afford it, simply because, you and those who share your view cannot?

You reside in the "West" i presume?
There You have the option of paying up to 2 or more years in advance like you said but have you ever paid up to two years in advance there before?
Every society has what works for them and if the only way to save tenants from becoming "thieves" because they want to get funds to pay 2/3 years rent in advance is by enacting a masses orientated law of max of 1year rent in advance then so be it.
Like i said earlier,sample the opinions of random tenants in Lagos and i guarantee you that 95% would say "Thank you Fashola for a job well done".
Note - Our lawmakers passing this law are landlords too but because they know they are representative of the people and they have to obey the needs of the people they just had to pass the bill in good faith.
Kudos to them particularly the member that introduced it to the house.
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by Kobojunkie: 9:39pm On Aug 08, 2011
femmy2010:

You reside in the "West" i presume?
There You have the option of paying up to 2 or more years in advance like you said but have you ever paid up to two years in advance there before?
My First place, I paid about 1.5 years in advance. I figured I had the money and would rather put it to the place then spand it and find myself homeless. Again, the point is THAT OPTION EXISTS TO ME. Now, if people had been thinking as you are and had HAD IT BANNED, I would probably has spent all my money in about 6 months and had no place after that.

I still pay my bills in advance . . . . I remember one year, I paid the electricity company about a years worth, and I still pay my phone bill a year in advance.

femmy2010:

Every society has what works for them and if the only way to save tenants from becoming "thieves" because they want to get funds to pay 2/3 years rent in advance is by enacting a masses orientated law of max of 1year rent in advance then so be it.
um . . . . . If you are really going to take that argument then I hate to break it to you that up until this very second, and months and probably years into the future, this paying in advance deal has worked and continues to work in Lagos, and beyond.

Your FEELINGS do not suddenly declare it unworkable. I happen to know some of those people you have so conveniently chosen to tag as thieves, and they have never ever stolen from anyone, not even you, but I guess you are offering up the typical Nigerian "THEY ARE EVIL BECAUSE WE DO NOT WANT TO SEE THEIR SIDE" which many of us have come to expect.

femmy2010:

Like i said earlier,sample the opinions of random tenants in Lagos and i guarantee you that 95% would say "Thank you Fashola for a job well done".
Note - Our lawmakers passing this law are landlords too but because they know they are representative of the people and they have to obey the needs of the people they just had to pass the bill in good faith.
Kudos to them particularly the member that introduced it to the house.

Whether they are landlords or not is not the issue. The issue is that there are those who benefit and an outright BAN should not be considered a solution in a country where we have come to know that that is never a solution to anything.
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by femmy2010(m): 10:01pm On Aug 08, 2011
@Kobojunkie,
If you do not accept my points i accept yours ooo.

For me,i am happy that i only have to pay 6month in advance as a sitting tenant and 1year in advance if i desire to relocate to a new abode.
Pashon to na iya ile o shi ma pada wa nor iyawo.

Meaning

If the law is bad then let it be as we tenants of today would definitely become landlords/Landlady tomorrow.

Till then EKO O NI BAJE LAI LAI.

In between,i like this "Agressive minority should not force their views and tastes on everyone"
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by oduamine: 6:10am On Aug 09, 2011
what fashola did is ok but there shld be a law that protects d landlords, for example my parents collect a year rent from their tenants but immediately d rents lapses its a war cos d tenant will refuse payining n owing up to six months .lagos government shld think again,
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by femmy2010(m): 9:08am On Aug 09, 2011
oduamine:

what fashola did is ok but there shld be a law that protects d landlords, for example my parents collect a year rent from their tenants but immediately d rents lapses its a war cos d tenant will refuse payining n owing up to six months .lagos government shld think again,

I do want the government to make eviction process easier and more pronto.
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by xstudios(m): 8:02pm On Aug 09, 2011
We must like the government reAlize that no one is justified To take annual rent in an economy where people earn monthly, correct me if Am wrong as am yet to leave the shores of Africa but I presume in the uk/us Nd the likes Rent is a weekly affair and longer periods at the discretion of the parties involved.
Re: 2 Year Rents Banned In Lagos, Landlords To Be Jailed For 3 Years. by Typewriter(m): 10:30pm On Aug 28, 2011
Kobojunkie:

My First place, I paid about 1.5 years in advance. I figured I had the money and would rather put it to the place then spand it and find myself homeless. Again, the point is THAT OPTION EXISTS TO ME. Now, if people had been thinking as you are and had HAD IT BANNED, I would probably has spent all my money in about 6 months and had no place after that.

I still pay my bills in advance . . . . I remember one year, I paid the electricity company about a years worth, and I still pay my phone bill a year in advance.
um . . . . . If you are really going to take that argument then I hate to break it to you that up until this very second, and months and probably years into the future, this paying in advance deal has worked and continues to work in Lagos, and beyond.

Your FEELINGS do not suddenly declare it unworkable. I happen to know some of those people you have so conveniently chosen to tag as thieves, and they have never ever stolen from anyone, not even you, but I guess you are offering up the typical Nigerian "THEY ARE EVIL BECAUSE WE DO NOT WANT TO SEE THEIR SIDE" which many of us have come to expect.

Whether they are landlords or not is not the issue. The issue is that there are those who benefit and an outright BAN should not be considered a solution in a country where we have come to know that that is never a solution to anything.

all you are saying do not make any sense at all, that you can afford to pay all you want in advance does not mean it should be the norm here.
take a good look Nigeria is a 3rd world country and should be allowed to make laws that will be sensible and popular for the safety of many.
can these shy-lock landlords give you 3 years quit notice? or allow you to even owe for 3 years with the same smiles they used to collect 5years advance? the answer is NO.

so allow our Governments to make poplar laws when it's the only way out, by the way how many landlords have ever wish to collect 3months rent in advance?

even if you want to lock a deal by paying for more years, you can still do that buy opening a bank account and pay all you want in advance so when it's time your interest will off set the increments OK?
and it is very workable just like Oshodi market precipitate eye sore, i suppose you will have prefer they leave the poor traders to continue in their degradation and defacing of Oshodi with the attendant traffic logjam abi?

All I expected you to say is that Governments should also build standard housing policy and estate with prototype local technologies like the days of Gov. Jankande, and to work on easy land acquisition, subsidize housing materials and massive urbanization of all cities within each state like in china is doing.

But as for this rent law in Lagos, it's very welcomed and a step in a RIGHT direction to other improved governance and law and it has come to stay and it will work, get yourself reformed for it and get use to it, it will serve you and save you others!

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