ABSTRACT
The complexity in housing affordability issue requires more consideration beyond mere economic viability. To increase life quality and well-being, the percentage of income spent on rent by individual household is essential for consideration. This study attempts to evaluate low income affordability level in Ado-Ekiti, Ekiti State Nigeria. A structures questionnaire was used to obtain data while analysis was done through Statistical packages for social sciences (SPSS). The outcome of the analysis indicated that a larger percentage of the targeted population spends above 30% of their monthly earnings on housing services. This relate with the benchmark set by several scholars, where authors maintained that a cost burden will exist where households spend above 30% on their housing services. This paper then concludes that majority of the dwellers in the study area experience a cost burden as they spend a large percentage of their monthly income on house rent. Hence this adversely affect their ability to meet other living expenses like medical bills, education, clothing, food and son on. Some recommendations are been suggested to improve the low-income housing affordability standard both within and outside the study area.
- 1. M. Swenarton, “Homes fit for heroes: The politics and architecture of early state housing in Britain” (Routledge, 2018). Google ScholarCrossref
- 2. TPL Smith, et al. Review 57(4) 404 (1986). Google Scholar
- 3. W. Cai, X. Lu, Habitat. Int. 47, 169–175 (2015). https://doi.org/10.1016/j.habitatint.2015.01.021, Google ScholarCrossref
- 4. S. M. Z. Chowdhury, “Housing affordability problems of the middle-income groups in Dhaka, Bangladesh: a policy environment analysis” (Housing Policy, Wellbeing and Social Development in Asia, Routledge, 2018), pp. 179–202. Google ScholarCrossref
- 5. Dumba, Dixon, and P. Malpass. “The development of low income urban housing markets: a case study of the republic of Botswana” (Unpublished paper, University of West England, Bristol, 2018). Google Scholar
- 6. Y. D. Wei, Multi. Dig. Pub. Institute (2016). Google Scholar
- 7. Rogerson, Christian M. “Towards pro-poor local economic development: the case for sectoral targeting in South Africa.” (Local Economic Development in the Changing World, Routledge, 2018), pp. 75–100. Google Scholar
- 8. P. Wakely, “Housing in Developing Cities: Experience and Lessons” (Routledge, 2018). Google ScholarCrossref
- 9. P. Thalmann, Urban Studies 36(11), 1933–1947 (1999). https://doi.org/10.1080/0042098992683, Google ScholarCrossref
- 10. J.P. Mendez-Gonzalez, “Priced out: a profile of tenant households and their capacity to enter homeownership in metropolitan Canada” (University of British Columbia, 2006). Google Scholar
- 11. J. Yates and M. Gabriel, “Housing affordability in Australia” (2006). Google Scholar
- 12. S. C. K. Meng, N. M. Malek, (SSPIS) (2016). Google Scholar
- 13. C. Dawkins and J. S. Jeon, Cityscape 20(1), 39–62 (2018). Google Scholar
- 14. L.S. Goodman, C. Mayer and J. of Econ, Perspective 32(1), 31–58 (2018). https://doi.org/10.1257/jep.32.1.31, Google ScholarCrossref
- 15. A.G. Waziri, R. Roosli, Bus. Mgt. Dynamics 3(2), 60–68 (2013). Google Scholar
- 16. A. Adediran, H. MohdAli, Int. J. Adv. Res. 6(11), 754–766 (2018). https://doi.org/10.21474/IJAR01/8056, Google ScholarCrossref
- 17. Matemilola, Saheed, Isa Olalekan Elegbede and Muhammad Umar Bello, “Sustainable Community Development in Nigeria: The Role of Real Estate Development.” (Sustainable Real Estate, Palgrave Macmillan, Cham, 2019), pp. 427–448. Google ScholarCrossref
Article Metrics
Views
24
Citations
Crossref
0
Web of Science
ISI
0
Altmetric
Please Note: The number of views represents the full text views from December 2016 to date. Article views prior to December 2016 are not included.

