Nigerian pop star and PSquare band member, Paul Okoye a.k.a Rudeboy has urged those who have the money to invest in a property to do so without delay so that they would not remain rent paying tenants for the rest of their lives.
Writing on his X social media page Rudeboy stated: “See ehh… No matter what you do in life, make sure you work so hard to avoid rent. Because that’s a lifetime freedom. Get yours. It doesn’t matter where or the location. The fear of landlords is the beginning of disrespect and see finish. Get yours. That will be the beginning of your financial freedom.”
Many of his followers chimed in.
@official__teewealth: “Normally, house rent takes the larger percentage of your income. That’s why you need to hustle so your children won’t face the same issue you are currently in.”
@3darchitectdesigner: “As an architect, I advise building only if you can afford it without jeopardizing your financial stability. Avoid committing your entire resources to a construction project that could potentially lead to significant financial strain. Additionally, carefully evaluate the location before building, as some areas may not provide a viable return on investment, making it difficult to sell or recoup your expenses.”
@gee4gifty____: “FACT Imagine working hard all day only to use 90% of annual income to pay rent. That’s an error. If your 3months income can’t pay your annual rent, then you’re living in the wrong house and above your means.”
@srigeorgeom: “Bad tenants are too many in Nigeria 🇳🇬, and the frustration of being a landlord cannot be overstated. Many of us have been tenants before, and now, as landlords, we better understand why our landlords behaved the way they did. However, having experienced both sides, we’ve also been able to correct many of the mistakes they made. Balancing fairness with firmness is key, but it’s clear that being a landlord in Nigeria comes with its unique challenges. While I agree with him to some extent, I disagree on the aspect of location. Location matters, please. Otherwise, you will learn the hard way. If you’re thinking of living in the kind of environment you grew up in, in 2024, then you’ve lost touch with reality.”
@nma_hrh: “Renting is still better than ‘owning’ a place for just 100 years, and still paying Landlord Tax to the govt.”