Context

Many Nigerians living abroad often channel their excess savings into buying luxury property in Lagos, frequently influenced by the aspirational lifestyle depicted in Nollywood films. However, with the complexities of property management from afar and a marriage often requiring a unified long-term financial vision, I am curious if this is actually a sound strategy compared to diversifying into the Nigerian Stock Exchange. Is real estate truly our most reliable retirement vehicle, or are we blinded by cultural expectations and cinematic glamour?