DISPROPORTIONATE RETURNS ON RESIDENTIAL PROPERTY INVESTMENT IN ILORIN
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Date
2020-11
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Department of Urban and Regional Planning, University of Uyo, Nigeria
Abstract
INTRODUCTION
Urban infrastructure stands as one of the indicators of an ideal uban economy development; plays a great role in the growth and development of the urban setting and also crates attraction for all form of investments including real estate (Tomlinson 2001). Urban infrastructure is referred to as the fundamental facilities serving neighbourhood or city for effective and positive running and functioning of the economy and it is characterised by technical structures such as roads, bridges, tunnels, water supply, sewers, electrical grids, systemic communication, that enable, susrained and enhanced societal living conditions (Mendel 2007). According to Tomlinson (2001) more than 75.5% of the countries in the world that have moved away from poverty and subsistence economy have enabling environment and access to adequate infrastructure services.
Keywords: Residential Property, Infrastructure, Neighbourhood, Returns, Property investment.
Description
Keywords
Residential Property, Infrastructure, Neighbourhood, Returns, Property investment