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Socio-economic factors in measuring the demand for residential neighbourhood in Nigeria

Akinyode, Babatunde Femi and Khan, Tareefhayat and Ahmad, Abdullah Sani (2015) Socio-economic factors in measuring the demand for residential neighbourhood in Nigeria. Asian Social Science, 11 (12). pp. 235-247. ISSN 1911-2017

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Official URL: http://dx.doi.org/10.5539/ass.v11n12p235

Abstract

Socio-economic factor plays an important role in housing decision making through which demand for housing types and residential neighbourhood are made. This study aims at examining the relationship between socio-economic factors and the demand for residential neighbourhood in Nigeria within the context of Ibadan urban cenre. The study utilised the quantitative and qualitative methods. Quantitative approach was employed by the administration of questionnaire among 494 respondents while the qualitative aspect dealt with direct interviews through the use of unstructured questionnaire among 27 participants. Correlation, regression and content analyses were used to evaluate the results of the methods. The findings revealed that, these factors have a great influence on the social status of housing consumers and affect their demand for residential neighbourhood. In conclusion, the demand for residential neighbourhood in Ibadan urban centre has the potential to be explained by the socio-economic status such as; educational level, employment status, official status and monthly income of housing consumers.

Item Type:Article
Uncontrolled Keywords:residential, socio-economics
Subjects:T Technology > T Technology (General)
Divisions:Built Environment
ID Code:56003
Deposited By: Muhamad Idham Sulong
Deposited On:15 Nov 2016 06:59
Last Modified:15 Nov 2016 06:59

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