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Crushing economy: Landlords devise group renting methods to make more money
Business · Vanguard ·

Crushing economy: Landlords devise group renting methods to make more money

Nigerian landlords are introducing group renting schemes to maximize their rental income amid the country's challenging economic situation. This strategy involves leasing properties to multiple tenants collectively rather than single individuals, allowing property owners to maintain profitability as the cost of living rises and inflation continues to affect the national real estate market.

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