Bishop of Design
1.4K posts

Bishop of Design
@abdulbakiUX_UI
{Farmer} || {Designer} || {Chelsea FC💙} Currently Building Products


Lagos Rent Displacement Theory. This is what a friend told me about the theory of ongoing displacement in Lagos due to crazy rent prices. Those in Island paying 12-15million to rent a 3-bedroom and unable to afford it any longer take the option of relocating to Mainland. They then decide to invade Gbagada, and pronto. 5million naira rent gets jacked up to 7.5million. They have outmuscled the hitherto Gbagada tenants. Those ones either match them or move to Shomolu jejely. The ones in Magodo cannot afford the 10m rent again, and are ready to pay 5m for house in Ketu. The displaced people from Ketu, then move to Berger to displace the hitherto residents of there. The earlier residents of Berger nko- They are then displaced to Arepo, Mowe and co. Rent in Iyana-Ipaja for some houses is already 2 million naira. That is how unbridled capitalism makes life unattainable for millions.



From complete flat vectors.......

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What’s the lore behind your startup?

What's the lore behind how you made your first 1M?



