Why tenants in Africa pay rent years in advance

In Nigeria, it is common as many properties are built on borrowed money...
✨ Key Highlights
Landlords in many West and East African countries are increasingly demanding advance rental payments, ranging from several months to even years. This trend is primarily driven by a severe shortage of affordable housing, which has created a landlord-dominated market.
- Advance rent payments can range from several months to years.
- The primary cause is a severe shortage of affordable housing.
- This situation leads to a landlord-dominated market.
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Read the complete article from The Standard Business