Choice determinants of housing in Akure, Nigeria

Adetayo Olaniyi Adeniran (), Adedayo Ayomide Adeniran () and Mujidat Iyabo Adedigba ()

Journal of Contemporary Research in Social Sciences, 2024, vol. 6, issue 1, 39-47

Abstract: Since every person and household is different and is impacted by different elements, housing preferences and choices vary continually. To emphasize the elements in the research area, the study delved into a variety of factors that influence housing decisions in the low and medium-density areas in Akure. The study used both analytical and descriptive methods. Reliable data and information were obtained by using a case study technique with a questionnaire survey. The study area’s housing choices are significantly influenced by socioeconomic characteristics and the ease of commuting inside the city. These results suggest that because of the potential long-term effects, planners, public and private stakeholders should actively recognise and address local requirements for housing. Since the majority of respondents in low-density residential neighborhoods have higher incomes than those residing in the medium-density areas, they will likely choose a respectable home with superior finishing and transport accessibility as it commensurate their source of livelihood and status. The middle-class populations are particularly concerned with transport accessibility and closeness to their places of employment to minimize additional costs associated with commuting and transactions. The study shows that the quality of the housing features and its characteristics have a major impact on their choice of housing. Based on the findings, recommendations were made.

Keywords: Housing; Housing choice; Household; Socio-economics. (search for similar items in EconPapers)
Date: 2024
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