Home ownership is sometimes considered as a gargantuan task for the
average person due to the fact that the cost of a modest bungalow could
run to between N2million and N20million (about $13,000 and $130,000 respectively), depending on the location. For
an average person on minimum wage whose annual income does not exceed
N250,000 ($1,600) per annum, this is a mission impossible. However, it has been
confirmed that cost reduction in any of the four or five elements that
make up home ownership could bring the cost of housing to the barest
minimum. In order to prove this point, ask yourself this question: How
come certain General Managers (GMs) are still aspiring to have their
homes while gate-men (also GMs )
in the same company may already be landlords? Easily, one may answer
the question that the first GM is looking for large sums of money to
build, while the other GM uses a little money that comes to hand with
some strategies to build his house. So it's all about the utilization of
the right strategies for home ownership.
Next, I shall be discussing about the Key Strategies for Affordable Home Ownership and I hope we can draw more people to this forum to benefit and contribute to this topic and others that will open in the near future.
Next, I shall be discussing about the Key Strategies for Affordable Home Ownership and I hope we can draw more people to this forum to benefit and contribute to this topic and others that will open in the near future.
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