Analysis of Trends in House Rent in Ilorin Metropolis, Kwara State

Simple item page
dc.contributor.authorTunde, Afolabi Monisola
dc.contributor.authorAfolayan, Ganiyu Popoola
dc.contributor.authorAdeniyi, Enekole Esther
dc.date.accessioned2023-05-21T19:47:10Z
dc.date.available2023-05-21T19:47:10Z
dc.date.issued2015-06
dc.description.abstractHouse rent has always been guided by principles of demand and supply, This Study analyzes trends in rent in Ilorin metropolis. Specifically, identifies the factors influencing increase in house rent; it also determines the effects of change in rent on household size and on the inhabitant in the study area. The twenty political wards within were used and five hundred (500) tenants were sampled systematically. The period covers twenty years (1992-2011). Focus Group Discussions (FGDS) were organized in different locations with tenants, landlords. caretakers and estate agents. Descriptive and inferential statistics were used to analyze the data gathered. The Trend reveals an increase over twenty year period considering rental classes. However, the low income group experienced highest rate of increase. Spearman's rank correlation coefficient revealed there is a significant relationship between income and rent paid. Factors that determine increase in house rent are population growth/demand , location, type of house, building materials, facilities in the house. environment and basic amenities available in neighborhood. Based on these, recommendations made include government assistance in providing more housing units at affordable rate. Since increase in population has been identified as one the factors influencing house rent, rural areas and medium-sized towns should therefore be developed so as to curb rural-urban migration.en_US
dc.identifier.issn2141-7601
dc.identifier.urihttps://uilspace.unilorin.edu.ng/handle/20.500.12484/10537
dc.language.isoenen_US
dc.publisherCentre of Human Settlement and Urban Development, Federal University of Technology Minnaen_US
dc.subjectHousing units, Development, Renters, Environmental Conditions Incomeen_US
dc.subjectHousing units, Development, Renters, Environmental Conditions and Incomeen_US
dc.titleAnalysis of Trends in House Rent in Ilorin Metropolis, Kwara Stateen_US
dc.typeArticleen_US

Files

Original bundle
Now showing 1 - 2 of 2
No Thumbnail Available
Name:
Analysis of Trends in House Rent in Ilorin Metropolis, Kwara State, Nigeria.pdf
Size:
8.15 MB
Format:
Adobe Portable Document Format
Description:
Main Article
Download
No Thumbnail Available
Name:
Analysis of Trend.pdf
Size:
6.4 MB
Format:
Adobe Portable Document Format
Description:
Main Article
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections