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Showing posts from March, 2021

How to decide to sell your home

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The first step in any selling journey is a carefully considered decision to put a property on the market. While every situation and seller is different, there are some common reasons why Australians look to sell and what they weigh up in making the final call. There’s myriad of reasons why people choose to sell, ranging from getting a new job in a different city and having to move, to just wanting a change of scenery, to needing more space because of a growing family or even a relationship breakdown. Nelson Alexander Ivanhoe partner and auctioneer James Labiris says the main motivators among his clients are up or downsizing, a change in lifestyle or desire to be close to family. But before pulling the trigger and going to market, he says owners need to weigh up a number of factors to work out if it’s a wise move or not. “Buyers need to consider the current market conditions, their motivation to sell and how their type of property is currently selling in the market,...

In Nigeria, new Chinese-built train takes the strain

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Kaduna-Abuja train The train travels at a stately speed, taking more than two and a half hours to traverse little more than 150 kilometres (90 miles) of countryside in southern Nigeria. But the fledgling service is developing a fanclub among travellers exhausted by the country’s notoriously choked, chaotic and dangerous roads. The $1.6-billion (1.34-billion-euro) Chinese-built link between Nigeria’s economic hub Lagos and Ibadan, capital of the southwest region, began partial operations last December. It counts Nobel laureate Wole Soyinka among its supporters. “This is my sixth trip,” the playwright told AFP, as the whistle blew for the 156-kilometre (97-mile) journey. He recalled the 1960s and ’70s when the train was king. “We grew up to see a working railway in Nigeria,” said Soyinka, who won the 1986 Nobel prize for literature, the first Nigerian to be so honoured. In those days, the railway was the main means of moving people and goods ar...

Insecurity deepens housing woes as stock drops in hotspots

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[FILES] The UNHCR headquarters are pictured before an interview with United Nations High Commissioner for Refugees Filippo Grandi in Geneva, Switzerland June 13, 2018. REUTERS/Denis Balibouse<br /> Fresh concerns loom large in the real estate sector, as operatives are apprehensive that housing deficit may worsen and investments will drop due to security challenges in the country. They acknowledged that the rising insecurity and tension arose from dissatisfaction among the population of jobless youth, activities of insurgents, bandits and herdsmen, which resulted into loss of lives and destruction of properties. According to United NationsHigh Commissioner for Refugees (UNHCR), over 3.2 million people are displaced, including about 2.9 million internally displaced persons (IDPs) in north-eastern Nigeria.  UNHCR said $848 million (N259, 488, 000, 000) is needed to provide basic amenities such as water and shelter to the most vulnerable people inside Nigeria. It...