Occupants’ Satisfaction and Rent paid for Residential Properties close to

VICTORIA AMIETSENWU BELLO, Cyril Ayodele Ajayi

Abstract


The paper examined occupants’ satisfaction and rent paid for residential properties within three neighbourhoods (Olusosun, Abule – Egba, and Solous) close to waste dump sites and Ketu neighbourhood (not close to dump site) in Lagos Metropolis. Relative Satisfaction Index, Analysis of Variance and Correlation Coefficient are used to analyse the data based on the System Unit, Dwelling and Environmental Subsystems. The results show that the occupants of properties close to dump sites have a minimum level of satisfaction of 37.22, 40.48 and 27.09 percent in the system unit and subsystems; while Ketu is 60.00, 60.71 and 56.25 percent. Also, a weak linear relationship between rental value and the satisfaction of occupants in the neighbourhoods (Olusosun, 0.056 (p > 0.05); Solous, 0.026 (p >0.05); Abule-Egba, 0.062 (p > 0.05); and Ketu, 0.108 (p > 0.05) exist.

The paper recommends that property investors should avoid building around dump sites to enhance property values.


Full Text: PDF



Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.

Journal of Sustainable Development   ISSN 1913-9063 (Print)   ISSN 1913-9071 (Online)

Copyright © Canadian Center of Science and Education

To make sure that you can receive messages from us, please add the 'ccsenet.org' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders.