A Nigerian man has taken to social media to share his thoughts regarding the recent claims that a bungalow can be constructed for N5 million.
In his response, he delves into the various aspects that influence construction costs, including land prices, building materials, labor, and regulatory requirements.
He emphasizes the complexities of the housing market in Nigeria, pointing out that while the idea of building an affordable home is appealing, the actual financial and logistical realities often make it much more challenging.
His commentary sheds light on the difficulties many face when trying to secure quality housing within budget constraints, ultimately urging a more nuanced understanding of the costs associated with home construction in the current economic environment.
