Socio-Economic Factors in Measuring the Demand for Residential Neighbourhood in Nigeria

  •  Babatunde Femi Akinyode    
  •  Tareef Hayat Khan    
  •  Abdullah Sani Bin Hj Ahmad    


Socio-economic factor plays an important role in housing decision making through which demand for housingtypes and residential neighbourhood are made. This study aims at examining the relationship betweensocio-economic factors and the demand for residential neighbourhood in Nigeria within the context of Ibadanurban cenre. The study utilised the quantitative and qualitative methods. Quantitative approach was employed bythe administration of questionnaire among 494 respondents while the qualitative aspect dealt with directinterviews through the use of unstructured questionnaire among 27 participants. Correlation, regression andcontent analyses were used to evaluate the results of the methods. The findings revealed that, these factors have agreat influence on the social status of housing consumers and affect their demand for residential neighbourhood.In conclusion, the demand for residential neighbourhood in Ibadan urban centre has the potential to be explainedby the socio-economic status such as; educational level, employment status, official status and monthly incomeof housing consumers.

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