as someone who works in property law/management, i don’t understand the idea behind increasing rent without any infrastructural changes/development. like what’s the logic? i don’t want to ask my boss cos i don’t want to feel stupid but i really don’t understand the concept.

secretary. talkative. igbo girl. thought daughter.

most increments are because there is rent review clause in the tenancy agreement. And most landlords base the increment on economic factors or the changing market value of the property and not necessarily because there has been any infrastructural improvement…..(1/2)

I’m a Web3 lover who is focused,disciplined and always locked in. because magic happens when you’re consistent.

i know but does it really make any sense? and like what’s the limit one can go in increments? cos considering what i witnessed today, some of these increments are criminal, especially when you’re aware most of your tenants are civil servants.

You’re welcome and 
No i don’t oo, Let’s just say i’m a soon to be lawyer.

i did
thank you for clarifying. do you work in this sector?

You have a point tbh. I think the second part of my text answers your question. Please check.