{"id":52298,"date":"2021-01-03T13:35:20","date_gmt":"2021-01-03T12:35:20","guid":{"rendered":"https:\/\/globalexcellenceonline.com\/?p=52298"},"modified":"2021-01-03T13:35:20","modified_gmt":"2021-01-03T12:35:20","slug":"expert-explains-why-owning-a-house-is-often-difficult-to-achieve","status":"publish","type":"post","link":"https:\/\/globalexcellenceonline.com\/expert-explains-why-owning-a-house-is-often-difficult-to-achieve\/","title":{"rendered":"Expert Explains Why Owning A House is Often Difficult to Achieve"},"content":{"rendered":"

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Mr. Temitope Akintunde<\/figcaption><\/figure>\n

Poor income, high cost of land and building materials, population explosion have been identified as the reasons why people\u2019s quest for home ownership may not be easily realised.<\/p>\n

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The Chief Executive Officer (CEO) of Aerofield Homes Limited, Mr. Armstrong Temitope Akintunde, stated this while briefing newsmen on his organisation\u2019s Christmas Promo, aimed at offering affordable houses to low-income earners.<\/p>\n

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Akintunde also stated that for the government at the three-tier levels to realise their dream of providing affordable homes to low-income earners in the country, there is the need to enlist the participation of credible real estate developers.<\/p>\n

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\nHe said Nigeria\u2019s population explosion in the face of housing deficits could not be managed by the government alone.<\/p>\n

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\u201cThere is no doubt that the housing deficit in the country is increasing on a daily basis as the human population also increases, as the entire population of Nigeria is now crossing the 200 million mark.<\/p>\n

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\u201cThe people\u2019s quest for home ownership may not be easily realiseable,\u201d he observed.
\nThe Aerofield Homes CEO urged the government, under its Public\/Private Partnership (PPP) policy, to involve tested real estate developing organisations to help provide affordable houses for the people.<\/p>\n

He argued that the developers were enriched by the experience in housing delivery to the average Nigerians, who pay the installment.<\/p>\n

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\u201cAerofield Homes Limited, for instance, is a dependable housing establishment for the masses, and was created with a mission of affordable housing for all.<\/p>\n

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\u201cWe have studied and understood the acute problem of bare shelter that faces many Nigerians as millions don\u2019t have access to befitting homes.<\/p>\n

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\u201cThis prompted us, as one of the big players in this critical sector of the Nigerian economy, to be providing shelter for thousands of Nigerians.<\/p>\n

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\u201cAerofield homes have been involved in the construction of several multi-million naira housing projects and it has become a brand that can be called \u2018thriving and prosperous housing investment\u2019,\u201d he stressed.<\/p>\n

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Akintunde added that the expansion plan of Aerofield Homes was to ensure that Nigerians benefit maximally from its unique housing projects, particularly as a bonus in this Yuletide period.<\/p>\n

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\u201cIt\u2019s obvious that many Nigerians have suffered the paradox of economic growth without development for many years, for which many economists and real estate analysts often lament and describe as lopsided growth and development.<\/p>\n

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\u201cThis and other reasons prompted us young real estate developers to join the Nigerian project by offering helping hands to the Government in their quest to bridge housing deficits and ensure that more Nigerians are housed and given comfortable homes.<\/p>\n

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\u201cThis is even made more poignant in the face of the economic recession occasioned by the negative effects of COVID-19, among others\u201d.<\/p>\n

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According to him, It\u2019s quite obvious that many Nigerians are poorly remunerated.
\n\u201cBeing a business establishment, one must confess and state bluntly that Nigerians earning between N20,000 and N100,000 will find it pretty difficult, except by a miracle, to own a home of their choice with the ever-increasing cost of living, education, transportation, health, and feeding, among others.<\/p>\n

 <\/p>\n

\u201cBesides, the cost of building materials is daily increasing. The only way this class of people could own homes is by cooperative arrangements, other self-help projects or by government\u2019s supports in the form of a mortgage or some form of allocations, with the costs deducted from their salaries,\u201d he appraised.<\/p>\n","protected":false},"excerpt":{"rendered":"

  Poor income, high cost of land and building materials, population explosion have been identified as the reasons why people\u2019s quest for home ownership may not be easily realised.   The Chief Executive Officer (CEO) of Aerofield Homes Limited, Mr. Armstrong Temitope Akintunde, stated this while briefing newsmen on his organisation\u2019s Christmas Promo, aimed at […]<\/p>\n","protected":false},"author":1157,"featured_media":52299,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1903],"tags":[11037],"yoast_head":"\nExpert Explains Why Owning A House is Often Difficult to Achieve - Global Excellence Online<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/globalexcellenceonline.com\/expert-explains-why-owning-a-house-is-often-difficult-to-achieve\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Expert Explains Why Owning A House is Often Difficult to Achieve - Global Excellence Online\" \/>\n<meta property=\"og:description\" content=\"  Poor income, high cost of land and building materials, population explosion have been identified as the reasons why people\u2019s quest for home ownership may not be easily realised.   The Chief Executive Officer (CEO) of Aerofield Homes Limited, Mr. Armstrong Temitope Akintunde, stated this while briefing newsmen on his organisation\u2019s Christmas Promo, aimed at […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/globalexcellenceonline.com\/expert-explains-why-owning-a-house-is-often-difficult-to-achieve\/\" \/>\n<meta property=\"og:site_name\" content=\"Global Excellence Online\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-03T12:35:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/globalexcellenceonline.com\/wp-content\/uploads\/2021\/01\/IMG-20210103-WA0144.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"742\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"hamzat\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"hamzat\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/globalexcellenceonline.com\/expert-explains-why-owning-a-house-is-often-difficult-to-achieve\/\",\"url\":\"https:\/\/globalexcellenceonline.com\/expert-explains-why-owning-a-house-is-often-difficult-to-achieve\/\",\"name\":\"Expert Explains Why Owning A House is Often Difficult to Achieve - Global Excellence Online\",\"isPartOf\":{\"@id\":\"https:\/\/globalexcellenceonline.com\/#website\"},\"datePublished\":\"2021-01-03T12:35:20+00:00\",\"dateModified\":\"2021-01-03T12:35:20+00:00\",\"author\":{\"@id\":\"https:\/\/globalexcellenceonline.com\/#\/schema\/person\/e661c21373342c2041388de9de7ca3a7\"},\"breadcrumb\":{\"@id\":\"https:\/\/globalexcellenceonline.com\/expert-explains-why-owning-a-house-is-often-difficult-to-achieve\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/globalexcellenceonline.com\/expert-explains-why-owning-a-house-is-often-difficult-to-achieve\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/globalexcellenceonline.com\/expert-explains-why-owning-a-house-is-often-difficult-to-achieve\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/globalexcellenceonline.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Expert Explains Why Owning A House is Often Difficult to Achieve\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/globalexcellenceonline.com\/#website\",\"url\":\"https:\/\/globalexcellenceonline.com\/\",\"name\":\"Global Excellence Online\",\"description\":\"Website by www.Inventrium.net - Excellence is a journal of information, education and entertainment published every Tuesday by: Global Exellence Communications. 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