The Real Value of Wealth: Thoughts on Real Estate, Nigeria, and the Global Economy

Real Estate investments have displayed significant potentialto hedge growing inflation, provide jobs, address poverty, bridge the housing deficit, redistribute wealth and enhancegovernment revenue.From an investment perspective, Real Estate is also one of themost sustainable globally. Aside from its potential to hedgeinflation, it is also insulated from price volatility. This canserve as a means to manage the impact of both inflation andcurrency depreciation.Similarly, as Nigeria actively seeks to reduce its poverty rate, Real Estate offers a sustainable approach to get people out ofpoverty and spur regenerative prosperity.For example, the government of the day can embark onmortgage reforms and special financing strategies to provideNigerians with financing options, at a single digit interestrate, to invest in Real Estate and home ownership.Yet, such interventions are not exactly novel - the AnchorBorrowers Programme, aimed at achieving rice sufficiency inthe country is an adaptation of it. In the long term, this policycan create empowerment and help to bridge the housing gap, which currently stands at 28 million housing uni

Author: Lukman Shobowale
Publisher: Independently Published
Published: 07/23/2023
Pages: 226
Binding Type: Paperback
Weight: 0.74lbs
Size: 9.00h x 6.00w x 0.52d
ISBN: 9798852436771

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