Insolvency Hits Real Estate Sector

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Insolvency is hitting the real estate market even as real estate operators and construction business experts have decried the poor performance of the

The experts task the federal government to take urgent steps by paying adequate attention to the sector, noting that, housing subscribers were finding it difficult to pay rents and service their mortgage payment plan.

To this end, some operators and stakeholders have expressed their fears that if the government does not intervene, more real estate companies may be forced to shut their operations.

 

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