Economic recession is a period of general economic decline
and is typically accompanied by a drop in the stock market, an increase in
unemployment, decline in the housing market, slowing gross domestic product and
high inflation. “Paul Mckinney”. But here is a fact, every recession creates opportunities for investors and inaction may
not always be safe at such times.
With the recent crash in the price of
stocks and shares on the stock exchange market as a result of the economic
recession, particularly in the Lagos sub region of Nigeria, the housing dilemma
which once had an accompanying officialdom of being financially difficult to
get is now history.
In the Ibeju-Lekki axis, where net
migration is low as compared to the available housing inventory, buying or
paying for a block of flats in such area could become a goldmine for people who
may eventually ‘cash in’ to become real estate investors and could eventually
provide huge returns if the properties acquired appreciate.
Besides, such area provides the best of
commercial relevance because of its proximity to accessible roads, commercial
enterprises and other mega projects.
One risk taking factor you must consider is
the tendency of the rise of businesses within the area and the chances of
making such place money spinning commercial demands which the Ibeju-Lekki axis
will create on the long run.
Do not
let this opportunities pass you by. Your active participation in real estates
investment at a time like this when value of land assets is low cannot only
spark off a reducing housing cost, but could give you great returns for your
money.
For
more information and enquries about our properties, visit: http:///www.vafiero.com, or call 08125013032, 014531189. Your investment is save with us.
EVERY SQUARE METER COUNTS
