Property
Report links population growth, urbanisation to booming residential market
2 years agoAn aerial view shows empty streets in Lagos on March 31, 2020. - Lagos was deserted on March 31, 2020, after Nigeria locked down its economic hub and shuttered its capital Abuja, in the continent's latest effort to brake the juggernaut of COVID-19 coronavirus.†Businesses were closed, markets abandoned and streets empty as the usually chaotic megacity of 20 million, along with the capital Abuja, shuddered to a halt on the first full day of a two-week shutdown. (Photo by Pierre FAVENNEC / AFP)
A new report stated that population growth, urbanisation and the fervent desire to own property have contributed to the resilience and unwavering residential market.