11/09/2026
Real estate has never been cheap…
…and It is not changing tomorrow.
10 years before today, our parents still said, “This land is expensive.”
10 years from today, many will still say, “Why is that expensive?”
What’s wrong?
The ideology and concept behind it.
Our approach to real estate or good investment differs, and as such, we face our consequences.
Frankly speaking, some of us can’t inherit anything now because our parents, ten years ago, complained about the economy.
“Nigerian Jaga Jaga” was a song I listened to when I was tender. I had little understanding about the lyrics as much as I do now.
But looking back, I realise something.
Every generation has had its own version of “Nigeria is hard.”
Our parents had their excuses.
We have ours and if we are not careful, our children will have theirs too.
Our parents said land was expensive. Today, we say land is expensive.
Our parents said the economy was bad. Today, we say the economy is bad.
Our parents said there was no money. Today, we say there is no money.
Our parents waited… We are waiting! 😅
And if nothing changes, our children will eventually ask us why we didn’t buy anything when we had the opportunity.
This is not about blaming our parents.
They made decisions based on the realities they understood at the time.
But we must also be honest enough to examine the consequences of those decisions.
Because an excuse can be valid today and still become expensive tomorrow.
The land they couldn’t afford yesterday may be the same land our children cannot afford tomorrow.
The difference is that our children may not even have the option of inheriting it from us.
This is where generational wealth becomes a serious conversation.
Sometimes, we talk about inheritance as though it is automatically waiting for us.
It isn’t.
You can only inherit what someone before you was able to build, preserve and transfer.
If our parents had nothing to transfer, we start from where they stopped.
If we also build nothing to transfer, our children will start from where we stopped.
Then the cycle continues.
A generation complains about the economy.
The next generation inherits the consequences.
The next generation complains about the same economy.
And everyone wonders why wealth is difficult to build.
Honestly, I would rather leave my children with the problem of managing assets than the problem of explaining why I never acquired any.
This is why I don’t believe every expensive property should be bought. Nah!
Some properties are genuinely overpriced.
Some locations are poor.
Some titles are problematic.
Some developments are unrealistic.
Some investments are simply bad decisions.
Do your due diligence! Understand the title.
Study the location.
Understand the development pattern.
Know what you are buying and why you are buying it.
♦️But don’t allow “it is expensive” to become your permanent investment philosophy.
Because real estate will continue to become more expensive in places where people, businesses and infrastructure continue to move.✅
And ten years from now, the same conversation will happen again.
Someone will stand somewhere and say,
“Imagine! This place used to be cheap.”
And someone else will say,
“Why didn’t our parents buy here?”
I just hope our children won’t be asking that question about us.
Because the goal should not only be to survive our generation.
We should be building something that gives the next generation a better starting point.
Maybe it is land.
Maybe it is a house.
Maybe it is a business.
Maybe it is shares.
Maybe it is a portfolio of different assets.
The asset may differ.
But the principle remains the same:
“We should not consume everything we earn.”
At some point, something has to move from income to ownership.
Because if all we leave behind are photographs, stories and explanations about how difficult Nigeria was, our children will understand our struggles.
But they may not benefit from them.
And perhaps that is the bigger question for this generation:
After all the complaints about the economy, what exactly will our children inherit from us?
Will they inherit assets?
Or will they inherit the same excuses?
✍MadamSureland
