"If you understand real estate, the best time to invest in real estate is during a downturn," - CEO

The value of the Nigerian currency, naira, has been on a steady decline for some time now.

As expected, this has affected the nation’s economy, including certain areas, the real estate is one of them.

With this bad state of affairs, it is safe to assume that no one would invest in the real estate market.

READ: MD of Interstate Architects Limited says real estate sector is seriously affected by the bad economy

However, the CEO of 3Invest, Ruth Obih, disagrees.

In an interview with

"There has been an increase in interest because if you understand real estate, the best time to invest in real estate is during a downturn so this is actually a good time,” she said.

READ: 3Invest Limited CEO gets ELOY award for work in real estate sector

Obih was supported by Acho Azuike, Managing Director at Houston EB5.

"It gives investors an opportunity to invest in something they can actually touch and feel and we are giving opportunities to investors to invest in real estate abroad,”Azuike added.

In a bid to stress her point, Obih said cash flow is more important to investment than the economy.

“If you understand cash flow you'll do well in real estate,” she said.

Do you agree?

Watch the video above to see Ruth Obih discuss her love and passion for property and real estate.