EFFECT OF MUNICIPAL SOLID WASTE DUMPS ON INVESTMENT PROPERTY VALUE. A CASE STUDY OF D-LINE NEIGHBORHOOD IN PORT HARCOURT NIGERIA

Moses Baridi Baridoma

ERES from European Real Estate Society (ERES)

Abstract: The sites of municipal solid waste dumps are replete in and around our cities and towns in Nigeria. Real estate development and market is highly dependent on perception, environment and economic situations, especially for residential and commercial properties. Prospective tenants and investors tend to be weary of the environmental quality of proposed investment sites or residential neighborhood if it will fetch good return on their investment and how long. This paper will critically examine effect of municipal solid waste dumps on investment property values and proffer useful solutions to perspective property investors and tenants.

JEL-codes: R3 (search for similar items in EconPapers)
Date: 2010-01-01
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