Determinants of Affordability in Rental Housing in Ogbomoso, Oyo State, Nigeria
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Date
2021-09
Journal Title
Journal ISSN
Volume Title
Publisher
Faculty of Engineering and Environmental Sciences UNIOSUN
Abstract
This study assesses the determinants of affordability in rental housing in Ogbomoso,
Southwest, Nigeria. The location was borne out of the fact that the city houses Ladoke Akintola
University of Technology which is a source of employment. Ogbomoso North Local Government
Area, the domiciled home of the University was purposively selected for the study. Random sampling
was used in selecting two hundred and thirteen households. The questionnaire and observation
formed the basic instruments for data collection which were administered to respondents to collect
information on socioeconomic characteristics such as; house type and condition as well as house
rent. Both descriptive and inferential statistical analyses were employed in the presentation of the
findings; correlation analysis was used to test the relationship between households’ income and house
type.The bulk of the respondents collect N11,000 – N20,000 (35.2%) indicating they are low-income
workers, while the significant house type was Brazilian rooming house (40.2%). Correlation analysis
shows that there is a significant relationship between house type and households’ income (p=0.030)
indicating house type is a function of household income. The study suggests among others that, the
income of residents should be factored into housing policies in Nigeria in determining the housing
needs of people
Description
Keywords
Affordability, Determinants, Households’ income, House type, Rental housing